Bolsa Social Fund has made a significant investment in Ciclogreen, a Seville-based startup aimed at promoting sustainable mobility through gamification and real-time emissions tracking.

Target Company Overview

Ciclogreen is a Spanish startup based in Seville, focusing on sustainable mobility solutions. Founded by Gregorio, a doctor in biology, along with Andoni, José María, and Francisco, Ciclogreen addresses the pressing issues of urban transportation and pollution. Over 75% of Europeans reside in urban areas, where transportation contributes to severe traffic congestion and air pollution, resulting in over seven million premature deaths worldwide each year. The European Parliament reports that transportation accounts for approximately 30% of CO2 emissions on the continent, with road transport responsible for around 70% of this figure.

The platform offers a solution by enabling businesses, municipalities, and universities to measure their employees' or citizens' travel emissions. Through gamification, it incentivizes users to adopt environmentally friendly modes of transportation, such as carpooling, using sustainable vehicles, or public transport, ultimately benefiting both the environment and public health.

Industry Overview in Spain

The mobility sector in Spain is rapidly evolving, influenced by increasing urbanization and a heightened awareness of environmental sustainability. Cities are increasingly confronted with various challenges, including t