Singapore-based e-scooter operator Neuron Mobility and Beam Mobility have signed a preliminary agreement to merge.

The deal is expected to close within 60 days, pending customary conditions.

It aims to strengthen their presence in the Asia-Pacific micromobility market. The merger will create a combined company that operates in over 100 cities.

Both Neuron and Beam brands will be maintained in key markets.

Neuron has a strong presence in Australia and Canada. Meanwhile, Beam operates in South Korea, Southeast Asia, Turkey, and the United States.

Zachary Wang, co-founder and CEO of Neuron Mobility, will serve as Chairman and Global CEO of the new entity.

Alan Jiang, CEO and co-founder of Beam Mobility, will become CEO of Asia. Beam’s president, Deb Gangopadhyay, will act as a strategic advisor.

Investors from both companies, including Square Peg Capital, GSR Ventures, Affirma Capital, Hana Ventures, and Peak XV Partners, will retain their stakes in the merged organization.

The new company will be headquartered in Singapore.

🔗 Source: Neuron

🧠 Food for thought

1️⃣ Micromobility consolidation represents an industry maturation trend

The Neuron-Beam merger follows a clear pattern of consolidation in the global micromobility sector that has been ongoing since 2019, reflecting the industry’s evolution toward sustainability.

Previous major consolidations include Ojo’s acquisition of Gotcha for $12 million in 2019, which aimed to position them as a top-three North American player alongside Bird and Lime 1.

Similarly, Latin American operators Grin and Yellow merged to form Grow Mobility, creating the region’s dominant micromobility provider with over 135,000 vehicles across six countries 2.

These consolidations consistently emphasize “positive unit economics” and sustainability, which were also highlighted in the Neuron-Beam announcement about creating a “foundation for profitability.”

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