Onomotion is a manufacturer of electric tricycles. It mainly combines the flexibility of bicycles with the capacity and durability of trucks to launch ONO, an electric express vehicle, which can provide urban logistics solutions for industry users. Onomotion recently announced a €21 million Series A funding round consisting of €6 million ($6.3 million) in equity and €15 million ($15.7 million) in debt. Equity investors in this round include Proeza Ventures, Zu na mi GmbH, European Innovation Council and several existing investors, with debt funding from GLS Bank.
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