Urban Connect is expanding its range of e-fleets

Zürich, December 2020

Urban Connect can intensify its activities with 2.5 million francs from a financing round. Urban Connect is Europe's first mobility platform that rents out shared low-emission vehicles to companies.

Urban Connect AG was able to successfully conclude a seed financing round, according to a media release. The Mobility-as-a-Service company took in 2.5 million francs.

According to the announcement, Urban Connect is Europe's first multimodal mobility platform that enables companies to operate low-emission fleets. Urban Connect offers all vehicles – from electric bikes and electric scooters to electric cargo bikes and electric cars for shared use. They can be booked via an app. In addition, the app allows the "simple" integration of existing vehicle fleets. This offer helps companies "to create greener, smarter and healthier work environments – and cleaner cities for everyone," CEO Judith Häberli is quoted in the press release.

Part of the financing round that has now been concluded is a loan guarantee from the technology fund of the Federal Office for the Environment . According to its website, this “guarantees loans to Swiss companies whose innovative products enable a sustainable reduction in greenhouse gas emissions”. This support “allows us to intensify our activities”, says Judith Häberli.

The fresh funds would flow into the further development of the digital mobility platform, "especially for the control of large vehicle fleets", it says in the announcement. Furthermore, the development of our own data analysis software is planned. With their help, Urban Connect can give its customers data-based recommendations for the effective utilization of their vehicle fleets.

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