Inven Capital has returned to invest in the micromobility management service provider, four years after backing its series B round.
France-based electric vehicle sharing service Vulog received $31m yesterday from investors including Inven Capital, the venture capital fund backed by energy utility Čez.
BPIfrance, ETF Partners, European Investment Bank and Frog Capital also took part in the round, which increased the company’s overall funding to $62m.
Founded in 2006, Vulog provides mobility software that helps ride hailing services launch and manage their fleets. It is working with on-demand ride providers including Evo, Free2Move, Wible and WeShare, in addition to insurers,…
