ECO-MOVEMENT TO ACCELERATE WITH INVESTMENT
Summary
Amsterdam, November 11, 2018 Arches Capital invests several hundreds of thousands of Euros in Eco-movement to obtain a minority stake in the largest provider of electric mobility data in the Benelux. Eco-movement will use the investment to expand its product offering and to grow internationally.Eco-movement specialises in aggregating and providing data and insights of all charging stations for electric vehicles in Europe. The rapid growth of the electric mobility market combined with the experience of the founders of Eco-movement were decisive for Arches Capital to make this investment. About Arches CapitalArches Capital, a fast-growing group of business angels, invests in startup and scale-up companies with a large growth potential. Through its investments, Arches Capital bridges the gap between formal investors (VCs) and informal investors (business angels), by joining the best of both worlds:By bundling smart capital (combining funding with real business knowledge and experience) with true engagement (actively working together to achieve growth), we are able to ignite early stage companies achieve above-average growth.