Vienna-based ELOOP, an e-carsharing company, announced on Tuesday, March 14, that it has secured fresh funding led by Amsterdam-based The Sharing Group (TSG), an impact investor in the mobility sector. The funding amount, however, remains undisclosed.
ELOOP says it will use the funds to accelerate its growth in Austria as well as expand to the first German city, Munich. Additionally, the existing fleet in Vienna will be doubled. The company will continue to focus on only 100 per cent electric cars.