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E-scooter company Fenix acquires Palm for $5M, gains entry to Turkish market

E-scooter company Fenix acquires Palm for $5M, gains entry to Turkish market

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Abu Dhabi-based micromobility company Fenix has acquired Palm, a shared e-scooter company in Turkey, for $5 million – the exact amount the company raised last November and this past February during its seed round. Despite having not even raised a Series A round yet, Fenix scrounged together the cash and equity needed to fund this […]

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