Dutch cleantech startup ViriCiti raises €6.25 million

Funding Rounds

Summary

Amsterdam-founded bus fleet management startup ViriCiti has raised a funding round of €6.25 million from Energy impact Partners (EIP), Mainport Innovation Fund II (MIF II), and an undisclosed investor. The company is planning to use the capital injection to expand into the North American markets. Founded in 2015, ViriCiti is a telematics platform for electric and mixed bus fleets. The system allows to charge the vehicles at the right time and avoid peak demand fees. ViriCiti runs an office in South Carolina, which serves customers including Stanford University, New York City Transit, Toronto Transit Commission, and a mysterious “large technology company in Silicon Valley that placed an order for 500 systems.”

$ Funding

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Amount $7.1M Total raised
Date January 28, 2019 Announcement date
Investors - Lead investors
Company http://www.viriciti.com Funded company

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