The e-scooter and e-bike companies are continuing to forge their way to numerous markets across the globe. Now, dott, a European scooter startup has recently raised €20 million in an early stage funding round led by the EQT Ventures fund and Naspers, with participation from Axel Springer Digital Ventures, DN Capital, Felix Capital, FJ Labs, U-Start Club and angel investors.
Based out Amsterdam, dott will be using this fund to launch their uniquely designed e-scooters and e-bikes in European cities. Founded by Henri Moissinac and Maxim Romain, dott aims to improve European city life by offering dockless, shared electrical scooters and bikes as convenient alternatives for short-distance travel. The startup has designed a scooter built to last and designed for sharing.