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indiGOtech Closes Strategic Funding Round from Industry Giants to Accelerate Sustainable Ride Hail and Delivery for Communities
FDXFedEx(FDX) Prnewswire·2025-04-29 16:00

BOSTON, April 29, 2025 /PRNewswire/ -- indiGOtech (Tradename: GO), a new mobility tech company based in Massachusetts, today announced it closed a $54 million Series BB funding round, including investments from FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital. These investments accelerate GO's mission to provide sustainable local transport, leveraging its patented SmartWheels™, Smart EVs and Smart Mobility Services. Mobility Network Companies (MNCs) today all compete for gig drivers that mostly use gas c ...