IPM Group has invested in micromobility company Hilo EV to enhance its sustainability-focused investment arm and capitalize on the growing demand for eco-friendly transportation solutions.
Information on the Target
Hilo EV, a notable player in the micromobility sector, focuses on sustainable urban transportation solutions through electric vehicles. The company prides itself on innovation in design and efficiency, aiming to reduce the carbon footprint associated with traditional transport modes.
Through its cutting-edge technology and commitment to eco-friendly practices, Hilo EV is positioned to meet the growing demand for environmentally conscious transportation options, making it a prime target for investment in the emerging micromobility market.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The micromobility industry has seen significant growth in recent years, gaining traction as cities worldwide seek solutions to combat traffic congestion and reduce pollution. In
Similar Deals
Photoneo → Not specified as a distinct target entity for the funding.
2023
Photoneo
invested in
N/A
in 2023
in a Series B deal