Brazil-based motorcycle rental and last-mile delivery marketplace, Mottu, successfully closes a $50 million Series C funding round, led by QED Investors and Bicycle Capital with participation from Endeavor Catalyst and Caravela. The funds will be allocated towards enhancing operational efficiency, geographical expansion, and optimizing customer experiences. Mottu, under the leadership of Founder and CEO Rubens Zanelatto, is known for its end-to-end control over operations in over 30 cities across Brazil and Mexico, offering fuel-efficient motorcycles and comprehensive last-mile logistics connecting various businesses with delivery couriers. The company also plans to enter the mobility market, targeting the commuting population in Brazil and Mexico.