Helbiz, Inc. Announces Initial Closing of $10 Million Investment Round
Summary
Notably, Helbiz is the established market leader in Italy, with national scale, local expertise, as well as a prime position for continued expansion given the recent approval of electronic scooter use nationwide by the Italy’s Minister of Transportation, Danilo Toninelli. The Company’s proprietary software and hardware is integrated into the scooters to maximize vehicle life, minimize operational costs and potentially improve safety. The company has a strategic footprint in growing markets with offices in New York, Milan, Madrid, Belgrade and Singapore, with additional operational teams around the world. Helbiz’s innovative flagship HelbizGO electric scooter service is fully operational in Italy and Spain, with pilot programs underway in Portugal, France, Greece, Singapore, and Georgia, and was built for the sharing economy and for a healthier planet. Designed for small trips, HelbizGO electric scooters are affordable and easy to use, plus they offer users a convenient way to reduce their carbon footprint.
Funding
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