Gogoro to Finalize $100M Series B Financing

Gogoro, a Taiwanese energy startup, is finalizing a $100m Series B financing round.

Founded in 2011 by Matt Taylor and Horace Luke, CEO, the company leverages mobile connectivity and data analytics to provide energy distribution and management capabilities to “smart” cities.

Gogoro, which had secured $50m in Series A funding in 2011 from a variety of influential Asian investors, including Dr. Yin and Cher Wang of HTC, plans to unveil its first products at the Consumer Electronics Show in January and intends to use the funds to expand its initial rollout during 2015.

The backers remianed undisclosed.

FinSMEs

30/10/2014

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