Clean Mobile AG Completes €6.6M Financing

Funding Rounds

Summary

Clean Mobile AG , an Unterhaching (Munich area), Germany-based producer electric drive trains for light electric vehicles such as E-Bikes, E-Scooters, and cargo vehicles, completed a €6.6m financing from a consortium of venture investors.They are joining the existing syndicate of Silicon Valley Technology Group.They are joining the existing syndicate of Earlybird High Tech Gründerfonds and The new funding round is intended to finance the company´s further growth.Clean Mobile has developed proprietary and patented technologies around the entire drive train, including highest efficiency battery management, optimized electrical drives and integrated vehicle management systems.The company sells its drive systems through leading vehicle manufacturers into its key cargo and consumer markets.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors Earlybird Venture Capital, High-Tech Grunderfonds Lead investors
Company - Funded company

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