Management platform for commercial EV's ViriCiti got a 700.000 euro investment from Mainport Innovation Fund II and Breesaap Green Link SL. The Amsterdam-based startup will use the funding for a quick expansion in Europe and the US by pushing sales.
The ViriCiti platform eventually paves the way for more sustainability in commercial transport. It does so by analyzing data from EVs like busses and trucks. This is translated to insights for carriers, manufacturers and public transport authorities – so that investments in electric transport become more viable. The more EVs on the street, the better, we would like to say.
The startup's system is used by the fleets of Schiphol, BYD, Qbuzz and VDL. In a press release it claims to be market leader in Europe and North America.
ViriCiti investors
Mainport Innovation Fund II (established in 2015) is managed by Thijs Gitmans from NBI Investors and consists of several Dutch commercial parties in transport like KLM, Schiphol, NS, Port of Amsterdam and TU Delft. Breesaap Green Link SL invests in cleantech companies and previously injected money in the parent company of ViriCiti, Transitions Now. The investment firm is led by Paul Lubbers, who's also an advisor to The Ocean Cleanup.
Getting this funding is the second success in short time for Transitions Now. Last month their smart energy startup Cohere raised a 300.000 euro seed round. Cohere CEO Jan Willem Heinen co-founded ViriCiti with CEO Freek Dielissen in 2012.
Gitmans was happy to invest: "The team impressed us with their knowledge of the sector and their ability to close deals with big international players in the early days of a quick growing market."
Image: ViriCiti