Skalata and Rockstart invested as a part of Lanterne’s $880,000 seed round, whose proceeds it would use to build its software.
The raising comes as Lanterne preps for an Australian launch, after being operational in Germany, UK, Iceland and Norway. It sells dynamic fleet optimisation services to owners/operators of mobility networks such as e-scooters, with a goal of helping them better predict demand and optimise their operations.
“Lanterne is operating in a market with a global CAGR of 17.4 per cent. By 2024, there will be an estimated 40.4 million micro-mobility vehicles on the road, and by 2030, the fleet management market is estimated to hit $52 billion globally,” Smalley said. co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.