Sustainable real assets investor Vision Ridge Partners has led a $250 million investment in VEMO, a company focused on the clean mobility transition in Mexico.
VEMO operates a vertically integrated, clean mobility platform that combines electric vehicles (EVs), charging infrastructure and fleet technology to help support Mexico’s public EV charging network. VEMO will use the capital to advance its deployment of public charging infrastructure and EVs across Mexico and to further develop its tech-enabled EV fleet-management solutions.
Vision Ridge has a history of supporting the expansion of growing electrified transportation platforms globally. VEMO is the seventh such platform Vision Ridge has invested in since its founding.
“We firmly believe the electrified transportation sector is both a key pillar and beneficiary of the ongoing global transition to sustainability,” said Reuben Munger, founder, managing partner and CIO of Vision Ridge.
Paul Luce,
