Local VC backs electric scooter startup based in South Florida

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    Bolt Mobility, a Miami Beach-based electric scooter startup, has tapped local venture capital firm Rokk3r Fuel ExO for a strategic fundraising round. The companies did not say how much they plan to raise in funding.

    The startup launched its pay-to-use motorized scooters earlier this week in Fort Lauderdale; Arlington and Alexandria, Virginia and announced plans to expand to Miami, Atlanta, Los Angeles and Nashville, Tennessee. Olympic gold medalist Usain Bolt, spokesperson for the brand, promoted the company’s debut in New York City, where Bolt is urging lawmakers to legalize e-scooters.