Electronics

Zip Mobility Reserves € 6.1 Million for Expansion of e-Scooters and E-Bikes

Based in Dublin Zip mobility Raised € 6.1 million to expand the business of electronic scooters and bicycles.

The funding round was led by Fasanara Capital, a UK-based asset management company, with additional investments from many existing investors. Financing is a combination of equity and debt.

Zip Mobility CEO and Founder Charlie Gleason said the funding “brings this approach to more cities and is a sustainable and secure community-centric micromobility solution for more people in Ireland, the United Kingdom and mainland Europe. Helps to provide. “

Founded in 2019, the company operates electric scooters and bicycles in nine cities: the United Kingdom, Ireland and Poland.

Francesco Philia, CEO of Fasanara Capital, said Zip Mobility is “an evolved player in the mobility space with a solid track record, sophisticated technical infrastructure and quality-focused approach, and these factors are the factors behind this fast-growing company. We believe that we will continue to support success. The market. “

Zip Mobility has previously stated that it has secured € 2.1 million from many private and angel investors. Through a crowdfunding campaign on the Spark crowdfunding platform..

https://www.phocuswire.com/zipp-mobility-6-1m-e-scooter-e-bike-expansion Zip Mobility Reserves € 6.1 Million for Expansion of e-Scooters and E-Bikes

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