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LM Industries announces $15M funding from SPARX Group to deliver Olli to customers and consumers

SAN FRANCISCO, Oct. 15, 2020 (GLOBE NEWSWIRE) — LM Industries, the parent company of Local Motors – the world’s first and only digital vehicle manufacturer – today announced a $15 million raise from Mirai Creation Fund II (managed by SPARX Group Co., Ltd, the Japanese asset management firm). This financing will help Local Motors deliver Olli to customers and consumers who are seeking ways to redefine local mobility.

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