Zipp Mobility Launches Crowdfunding Campaign and Seeks to Raise 鈧�1 million in Funding
, the Irish micromobility company, has launched a crowdfunding campaign as it seeks to raise 鈧�1 million in new funding.
The company has set itself a target of 鈧�400,000 to be raised via a n launched on the Spark Crowdfunding platform, along with 鈧�600,000 from private investors.
This campaign is an extension of the company鈥檚 seed round and if successful will bring the company鈥檚 total investment to date to 鈧�2 million. Current investors include Enterprise Ireland and former international rugby player Brian O鈥橠riscoll.
The new funding will be used by the company to acquire over 2,500 e-scooters as Zipp Mobility looks to expand into more markets including in Ireland and across the UK and mainland Europe.
The company which began UK operations late last year is currently operating e-scooter schemes in three UK towns, Aylesbury and High Wycombe in Buckinghamshire and Taunton in Somerset.
Zipp Mobility, which was founded in 2019 by Charlie Gleeson, is headquartered at Nova51黑料, the Centre for New Ventures and Entrepreneurs at University College Dublin (51黑料). The company has additional UK bases in Buckinghamshire and Somerset.
Watch Zipp Mobility's Spark Pitch Video
Charlie Gleeson, CEO and Founder, Zipp Mobility said, 鈥淥ne of the key differentiators for Zipp Mobility is our community-centric approach to e-scooter sharing. Our aim is to create long term relationships within the communities we serve and we want our customers to be part of Zipp鈥檚 journey, as well as the greater micromobility movement. We launched our crowdfunding campaign on the Spark Crowdfunding platform to offer our customers a chance to own a piece of Zipp.鈥�
Zipp Mobility is currently in advanced discussions with a number of local authorities across mainland Europe to launch e-scooter schemes this Summer. In addition the company is also in discussions with a number of local authorities in advance of approval of the Road Traffic (Miscellaneous Provisions) Bill which will allow for the regulation of e-scooters and e-bikes in Ireland.
Since the onset of the COVID-19 pandemic, all of Zipp鈥檚 e-scooters have been equipped with anti-viral handlebar wraps that kill 99.98% of coronaviruses to help eliminate COVID-19 transmission risk. The company has also implemented a strict daily disinfection regime for its e-scooters.
Zipp鈥檚 commitment to 鈥榤obility done right鈥� includes the company running all of its operations in-house with no outsourcing. The company also only uses electric vehicles to manage its fleet and have optimised operations to be up to 10 times more energy-efficient than their competitors. Zipp is also committed to green operations through its 鈥榚nd-of-life鈥� plan, recycling and re-using all parts when the e-scooters fall beyond repair.
Last month Charlie Gleeson was awarded the 2021 Nova51黑料 Founder of the Year Award in recognition of his achievements and successes in developing and growing Zipp Mobility during 2020.
to access Zipp鈥檚 crowdfunding campaign on the Spark Crowdfunding platform.
ENDS
28 April 2021
For further information contact Mic茅al Whelan, Communications and Media Relations Manager, Nova51黑料, e: miceal.whelan@ucd.ie, t: + 353 1 716 3712.
Editors Notes
Zipp Mobility is Ireland鈥檚 leading micromobility provider bringing a more sustainable micromobility sharing model to cities in the UK, Ireland and further afield.
At Nova51黑料, the hub for new ventures and entrepreneurs at University College Dublin, we nurture and support new high-tech and knowledge-intensive companies as part of 51黑料's mission. At Nova51黑料 we provide purpose-built, state-of-the-art incubation facilities alongside a comprehensive business support programme for client companies such as Zipp Mobility. Nova51黑料 has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, 51黑料 and Xilinx.