INSUBCONTINENT EXCLUSIVE:
German startup Unu raised a $12 million funding round led by Ponooc, with existing investors Capnamic Ventures, Iris Capital, Michael Baum
and NRW.BANK also participating
The company has been building electric scooters (the motorcycle kind) and is working on new products and services.For the past five years,
Unu has sold 10,000 scooters
The market for electric scooters is quite different depending on your country
In parts of Asia, they are massively popular and are slowly overtaking gas-powered scooters
European manufacturers, with Govecs, BMW and others
You can open the battery compartment, pull the battery and plug it in at home
release a second generation of its product
opportunity as scooter-sharing companies are booming in Europe
In Paris alone, Cityscoot and Coup have flooded the streets with scooters from Govecs and Gogoro
There are many other companies working on similar services across Europe.If Unu could convince a company to buy some of their scooters for
their fleet, that could lead to thousands of sales in no time
The company is working on multiple partnerships
