Aampere has secured €1.6 million in funding to enhance its digital platform for selling used electric vehicles, aiming to become a leader in the European market.
Information on the Target
Aampere, an innovative e-mobility startup, has successfully secured a funding round of €1.6 million to expedite its expansion across Europe. This funding was led by our firm, alongside contributions from Gimic Ventures and numerous seasoned investors from the mobility sector. Aampere is transforming the used electric vehicle (EV) market by establishing a fully digital platform designed to streamline the sales process for used electric vehicles.
In a landscape characterized by fragmentation and outdated practices, Aampere aims to replace manual handling and isolated national solutions with a cohesive digital structure. The startup's vision is to promote a sustainable and efficient circular economy for e-mobility, significantly advancing the electrification of Europe.
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Industry Overview in the Target’s Specific Country
The European market for used electric vehicles is witnessing rapid growth, with significant developments occurring in multiple countries. In Germany, for instance, the KraftfahrtBundesamt (KBA) has reported a staggering 70% annual in
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Not specified
invested in
Aampere
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M