Bayern-based e-mobilio, a cloud-based recommendation and buying platform that helps drivers switch to electric mobility, announced on Tuesday, that it has secured €9.5M in a Series A round of funding.
The investment was led by Amsterdam-based SET Ventures, with participation from existing investors Übermorgen Ventures, Wi Venture, seed+speed Ventures, Gateway Ventures, and German family office zwei.7.
Dr. Till Stenzel, Partner at SET Ventures says, “At SET, we believe EV adoption is entering a new stage, transitioning from early adopters to mass market. This is radically reshaping the dynamics of EV sales and consumer engagement in the process.”
“e-mobilio’s success in the conservative German car market illustrates how critical this role is today, and that will be an excellent basis to drive international growth and contribute to the EU’s CO2-emission reduction targets.”