Founded by Bart Jacobsz Rosier, and Marijn Flipse in 2014, Etergo (formerly Bolt Mobility) received €10 million from a German automotive specialist. Furthermore, the startup will be using this investment to set up the large-scale production for the Appscooter, the first model of Etergo.
As per the company claims, Etergo will be on the Dutch and German roads around the second half of 2019. This startup aims to deliver all the Europeans with a scooter of their choice. In total, Etergo secured €5 million from crowdfunding in 2017.