Berlin-based Wind Mobility raises €44.6M funding, unveils 3rd-gen e-scooter with longer battery life

Berlin-based Wind Mobility raises €44.6M funding, unveils 3rd-gen e-scooter with longer battery life

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The Berlin-based startup Wind Mobility, which specialises in e-scooter and e-bike rentals, has secured $50 million (€ 44.6 million) in Series A funding led by existing investors. Back in November last year, the company raised $22 million (€19 million) from Chinese Source Code Capital and Europe’s HV Holtzbrinck Ventures. With this, Wind Mobility has raised a total of $72M ( €64 million) in funding over 2 rounds.

3rd-gen e-scooter: Durable and longer battery life

Apart from funding news, the mobility company has also unveiled its third generation e-scooters after eight months in development. As per the company claims, the new hardware is more durable than before and should last over 12 months when used in the tough sharing environment.

Moreover, the new e-scooter offers more battery life — 65-80km between charges. The company also claims its new scooter has waterproofing with IP67 certification.

Just like Wind mobility, other micro-mobility companies including Voi and Tier have announced upgrades to their hardware as well. Till now, the company hasn’t been as aggressive in the rollout and deployed fewer scooters than its counterpart.

In an interview with TechCrunch, Wind Mobility co-founder and CEO Eric Wang said that it was a conscious decision, and they are planning to gather sufficient data on how the new hardware is performing  (third-gen e-scooter) before hitting the accelerator.

Wind mobility!

For the uninitiated, Wind Mobility is a micro-mobility share company. With the e-scooters, the company aim to make cities a better place, by reducing traffic, carbon dioxide emission and noise.

At present, it offers service in various places including Germany, France, Spain, Israel, Austria, Portugal, Demark, Korea and Japan. Notably, the company currently employs over 120 people worldwide.

Stay tuned to Silicon Canals for more updates in the tech startup world.

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