Wind Mobility, a Berlin-based mobility startup that offers "dockless" e-scooter (and electric bicycle) rentals, has raised $ 22 million in…
Wind Mobility, a Berlin-based mobility startup that offers “dockless” e-scooter (and electric bicycle) rentals, has raised $ 22 million in seed funding, throwing its hat into the European competitor to Bird and Lime Ring.  It follows recent raises by Sweden’s VOI ($ 50 million Series A led by Balderton) and Germany’s Tier (€ 25 million Series A led by Northzone). All three companies are trying to be pan-European from the get-go.
In other words, you wait all year for the ‘Bird or Lime of Europe’ to appear and three contenders get funded at once. And that’s before we mention Taxify’s entry into e-scooter rentals or Delivery Hero and Team Europe founder Lukasz Gadowski’s reported plans to enter the space, having picked up support from the mobility arm of Target Global.
Meanwhile, despite being U.S. Companies, Bird and Lime have received substantial investment from three of Europe’s top venture capital companies. Index and Accel have backed Bird, and Atomico has backed Lime.
But I digress …
Investing in Wind Mobility’s rather large seed round is Chinese Source Code Capital, and Europe’s HV Holtzbrinck Ventures. The company says the investment will be used for global expansion and to further develop its e-scooter product. Wind current operates its e-scooter rental service in various cities in Spain, France, and the US, and its dockless bicycle rental service Byke in Germany.
Notably, Wind is currently developing its first proprietary model of electric scooters specifically designed for The sharing market, which co-founder and CEO Eric Wang tells me will become a significant differentiator going forward.
“Currently, almost all the scooters on the market are from Ninebot, which is designed for personal use rather than sharing,” he says. “Our own scooters are specifically designed for sharing: longer battery range, swappable battery, more capability to climb hills, sturdy and more fit for sharing. Vi kan også skreddersy våre scootere til kravene i visse byer.
Besides this, Wind Mobility has developed a proprietary “IoT technology and communication module” that it says gives it better location accuracy of its scooters. The system is also capable of delivering over-the-air updates to the Wind communication module to control certain features of its scooters remotely.
For example, it can tell a scooter light to flash via a tap on the Wind app so that Users and operating personnel can spot the scooter more easily at night. “We can change the speed limit of the fleet in each city or certain scooters through our servers. We also limit the speed to zero via the communication module once a scooter is taken outside of the operating area, “adds Wang.
Like other European players in the space, Wind says it works in collaboration with local governments, with The goal of solving mobility problems and reducing congestion in urban areas.
“The scooter market in Europe is still relatively new,” says the Wind CEO. “Den større konkurrensen er fortsatt at konvertere flere brugere fra at bruge biler til at bruge scootere sammen med offentlig transport. We are at the forefront of this transformation. We look forward to working with cities and authorities to serve this growing demand. “