Information on the Target

Loewi is a Paris-based startup founded in 2021 by Diego Level (CEO) and Tanguy Lastennet (CBO). The founders recognized the significant environmental challenge posed by the annual disposal of approximately 1.4 million tonnes of electronic devices in France, which is equivalent to the weight of 139 Eiffel Towers. In response, they launched Loewi to provide a multi-brand refurbishment solution for electric bicycles, aiming to make eco-friendly transportation more affordable and accessible.

Loewi focuses on refurbishing electric bicycles to prevent waste and support sustainability. By reintroducing used bikes into circulation, the company seeks to enhance the perceived value of electric mobility. Loewi's innovative approach supports the circular economy, making it a pivotal player in the e-mobility sector.

Industry Overview in France

The e-mobility industry in France is experiencing significant growth, as consumers increasingly turn to sustainable transport options. With government initiatives aimed at reducing greenhouse gas emissions and a strong push for electric mobility, the demand for electric bicycles is on the rise. However, there remains a substantial challenge regarding e-waste, particularly concerning discarded electric bicycles.

Despite the increasing popularity of electric bikes, concerns surrounding affordability and reliability limit the adoption of new models. Additionally, consumers often hesitate to consider second-hand options due to perceived quality issues. This is where refurbishment services, like those provided by Loewi, step in to bridge the gap between supply and demand.

The current market lacks a comprehensive industrial infrastructure to facilitate the refurbishment process, which hinders the potential for expanding the electric bicycle sector. By addressing these deficiencies, companies can play a crucial role in shaping a more sustainable transportation landscape.

As the market develops, there is potential for enhanced policies and incentives that could further support the growth of refurbished electric bicycles, making them an attractive choice for environmentally-conscious consumers. This presents a valuable opportunity for startups like Loewi to thrive in this burgeoning industry.

The Rationale Behind the Deal

Satgana recognized the potential for impact investment in Loewi and chose to participate in the company's Pre-Seed funding round alongside other investors, including Antler France, Caméléon Invest, and the CentraleSupélec Seed Fund. Anil Maguru, Investment Director of Satgana, expressed enthusiasm for Loewi's commercial viability and its commitment to addressing climate change through electric mobility.

The investment aligns with a broader strategy to promote sustainable business practices and support innovations that contribute to mitigating climate impacts. Loewi's focus on refurbishing electric bicycles offers a dual benefit: reducing waste and encouraging the use of greener transportation alternatives.

Information About the Investor

Satgana is a forward-thinking impact investment firm dedicated to fostering sustainable solutions that address environmental and social challenges. The firm invests in innovative startups that prioritize creating positive change while pursuing profitable growth. By injecting capital into ventures like Loewi, Satgana aims to contribute to the transition toward a low-carbon economy.

Satgana's portfolio reflects a commitment to supporting companies that aspire to promote sustainable living, enabling them to scale effectively in the emerging green economy. Their investment in Loewi aligns with their mission to facilitate impactful change across various sectors.

View of Dealert

Investing in Loewi appears to be a strategically sound decision for both environmental and financial reasons. The growing demand for refurbished electric bicycles indicates a significant shift in consumer preferences towards sustainable transportation options. By addressing the waste issue within biking, Loewi positions itself at the forefront of a market with substantial growth potential.

As environmental sustainability becomes an essential component for transportation, companies that can facilitate the lifecycle extension of products through refurbishment will likely see increased consumer interest and validation. Loewi's integrated value chain supports this aim, making it well-equipped to capitalize on the burgeoning demand.

Furthermore, with the backing of accomplished investors such as Satgana and strategic initiatives to promote the circular economy, Loewi is set to thrive in an evolving industry landscape. The dual impact of protecting the environment while providing affordable mobility solutions makes Loewi a compelling investment opportunity.

Ultimately, as cities reinforce sustainable transport infrastructure and public sentiment shifts towards ecological responsibility, Loewi stands ready to become a significant player in redefining urban mobility.

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