Urban traffic is changing: In large metropolises, alternatives to traditional car traffic are increasingly being sought. The European market for electric scooters grew by 51 percent in the first quarter of 2018, while sales of conventional scooters fell by 40 percent. The Berlin Mobility Startup played a major role in this.
Forbes therefore selected the founders Elias Atahi, Pascal Blum and Mathieu Caudal 2017 among the Forbes 30 under 30, the most promising young entrepreneurs. In the meantime, more than 80 employees work at the location in Berlin.
New product to enter second company phase
Now unu has completed its Series B financing over 10 million euros. The money is to herald the next phase of the company’s evolution. unu is working in product development on the 3 key trends that will change urban mobility in the future: electric, networked and autonomous vehicles.
With the first product generation of unu, an electrically powered scooter, electric mobility was successfully made accessible to the masses by putting 10,000 scooters on the road. Now, with the second product generation, networked electric vehicles are to be brought onto the market in order to be able to offer mobility services such as scooter and p2p sharing – and thus compete with companies already established there.
Gain traction through Mobility Services
In order to be able to roll out the second product generation on a large scale, unu has been able to conclude various local partnerships for Mobility Services. Various cooperations for public sharing cases in cities are in preparation; these will increase the company’s presence with several thousand sharing rollers in the coming years alone, and demonstrate the successful transition from a pure hardware company to a hardware and software company.
International expansion of unu
The new capital will also enable further market entries, which are already planned. Since 2015, the Berlin-based company has successfully expanded into two of the most important European markets alongside Germany and Austria: France and the Netherlands. The company expects further growth from the internationalisation in order to solve urban mobility on a global scale.
A brand relaunch is planned
The entry into the next phase of the company is supported by a brand relaunch. The first big step is a new website that not only heralds a brand relaunch, but also communicates the company’s vision and product strategy to the public for the first time.
Where does the money come from?
The round will be led by the renowned financier Ponooc. The independent Dutch VC fund has close ties to Pon Holdings B.V. (Pon), one of the largest family businesses in the Netherlands, which sells vehicles and bicycles all over the world. Ponooc’s clear focus is on sustainability and the future of mobility, which makes it a suitable partner. Existing investors such as Capnamic Ventures, the French VC fund IRIS Capital, NRW.BANK, Michael Baum and other private investors also reinvested.
Pascal Blum Co-Founder and CEO unu stated on our request: “We are very pleased to welcome Ponooc as main investors in this round. The team convinced us immediately because they know their way around the changing mobility market very well. Having made electric mobility accessible to the masses with the first product generation, we now want to network the second generation so that our vehicles can also be used for Mobility-as-a-Service.”
Founded in Munich, expanded in Berlin and now equipped with 10 million for international expansion. unu is on a roll….