Swedish micro-mobility startup Vässla secures €9 million to launch a Club rental platform
Summary
Vässla, the Swedish micro mobility startup that produces e-bikes and e-mopeds, today announces that it has raised €9 million in a recent funding round, backed by several investment companies, high-net-worth individuals, and family offices. The company also plans to expand into the booming micro mobility market in the UK at a later date, pending government legislation on e-scooters which is due to be revealed in early 2022. While the micromobility sector is rapidly expanding throughout the world, and is expected to continue growing by 17% on a global scale year-on-year until 2024, Vässla looks to capitalise on a unique gap in the market. “I originally started Vässla with the intention of producing an e-moped, combining a reduced commute time with the environmental friendliness of an e-bike, but with comfort and convenience prioritised”, CEO & Founder Rickard Bröms commented. Now, with Vässla Bike, we’re fulfilling our vision to provide customers with a micro mobility vehicle which is lighter, sleeker and ideal for the thousands of short trips made every day.