#Japan #Tokyo #Micromobility #Luup #Unimo

Luup Secures 4.4 Billion Yen in Funding

Luup, a renowned provider of micromobility sharing services based in Shinagawa, Tokyo, has recently announced that it has successfully secured a total of 4.4 billion yen in new funding through equity and debt financing. The debt financing involves a green loan in syndication format, arranged by Sumitomo Mitsui Banking Corporation and co-arranged by Mizuho Bank. With this round of funding, Luup's total raised amount has now reached approximately 21.4 billion yen.

The secured funds are expected to be utilized in several crucial areas, primarily enhancing safety measures and promoting traffic rule awareness. Furthermore, Luup aims to accelerate its business growth by expanding its service portfolio and improving existing services. As part of its mission, Luup focuses on creating an infrastructure that makes urban areas feel more accessible, operating with over 15,500 ports and surpassing 5 million app downloads, making it one of the largest micromobility sharing services in Japan.

In line with its vision, Luup made waves in August 2025 when it unveiled its universal three-wheeled vehicle, “Unimo.” This innovative small car aims to cater to a broader audience, regardless of age or gender, making short-distance travel more inclusive and accessible. This development comes as part of Luup’s commitment to respond to diverse short-distance transportation needs effectively.

As a leader in the micromobility sector, Luup emphasizes the importance of collaboration with police and local governments to promote traffic regulations and enhance safety measures. By increasing the number of vehicles, ports, and operational areas, Luup is evolving to provide a reliable and safe transportation solution for all residents.

In addition to their robust service offerings, Luup also has a dedicated recruitment section, seeking new team members to help fulfill their mission of revolutionizing urban infrastructure. They are currently strengthening hiring across multiple positions, including business planning, alliances, and mechanical engineering. Interested candidates are encouraged to visit their recruitment page for potential opportunities.

Company Overview

Luup was founded in July 2018 and is dedicated to making mobility solutions accessible and convenient for all people in urban areas. The company is headquartered on the 7th floor of FORECAST Gotanda WEST, 8-9-5 Nishigotanda, Shinagawa, Tokyo. If you want to join the micromobility revolution or are interested in their services, check out their official website here. To use their app, which is compatible with iOS 16 or later on iPhone 8 and newer models, as well as on Android OS 10.0 and above, download it directly here.

In conclusion, Luup is paving the way for the future of urban transportation by continually improving their micromobility services, ensuring safety, and expanding accessibility for everyone in cities across Japan.