Loewi, a Paris-based startup focused on refurbishing electric bicycles, has secured investment from Satgana and other partners to promote sustainable mobility and address waste issues in the e-mobility sector.
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.
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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 a
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Satgana
invested in
Loewi
in 2023
in a Pre-Seed Stage deal