Emmy (FKA eMio), a Berlin, Germany-based e-scooter sharing startup, raised a seven-digit funding round.
Backers included from IBB Beteiligungsgesellschaft, and other German and international investors from Italy and Austria.
The company intends to use the funds to continue to increase the number of scooters available in Berlin and expand into Stuttgart and other cities later this year.
Co-founded in January 2015 by Alexander Meiritz, Hauke Feldvoss und Valerian Seither, Emmy provides an electric scooter sharing system.
The system works by localizing and unlocking the electric scooter through a smartphone application. The scooter is equipped with two helmets in different sizes and prices and with exchangeable batteries. The team takes care of charging and battery swapping.
The company has more than 15,000 customers, who have now driven more than 750,000 km.