Find XO: Zeno, Former Tesla Team, Raises $25 Million: Battery Swap (techcrunch.com)

- Zeno, which develops battery swap electric motorcycles, has raised $25 million in production funding. - The fact that they have sold nearly 1,000 units is more concrete evidence than market forecasts. - From the founder's perspective, the key question is how much more to invest in swap facilities after confirming motorcycle demand. - If infrastructure needs increase as more products are sold, it is important to see how much cash remains along with the sales volume.