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Urban mobility startup unu raises €18M to recover from the pandemic

The Berlin-based e-mobility company unu has raised €18 million from German VC firm Capnamic Ventures, French Geldgeber Iris Capital and Dutch Risikokapitalgeber Ponooc, Gründerszene writes

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unu was founded in 2013 by Pascal Blum, Mathieu Caudal and Elias Atahi. The startup’s first product was the electric Scooter Classic, which has enabled the company to expand from German and Austrian into French and Dutch markets since 2015. In 2019 unu launched its second networked product generation – unu Scooter, which can be shared thanks to a SIM card and its own app.

As Blum told Gründerszene, the pandemic caused big troubles with delivery of details for new scooters. Besides, the unu team has paid too much attention to the product development strategy instead of solving supply chain issues. So the startup had to get out of implementing its public sharing service, which was planned to be provided in partner cities, and also to leave the Dutch market.

The proceeds will allow unu to accelerate the production of its e-scooters and focus on the B2C model. The startup promises to complete the pre-orders of unu Scooters, previously made by private customers, until mid-February as a matter of priority. 

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