Vulog, a Nice, France-based new mobility technology provider, raised $31m in funding.
Backers included the European Investment Bank (EIB) and its current investors, which are Frog Capital, ETF Partners, Inven Capital, and BpiFrance.
Led by Gregory Ducongé, CEO, Vulog provides a platform of tools covering all on-demand mobility needs, no matter the vehicle type (cars, bikes, scooters, mopeds, vans, etc.), target market (B2C and B2B) or use case (instant access, scheduled booking, subscription, or monthly mobility plan). Its AiMA platform propels mobility services for the world’s leading OEMs (Volkswagen, Stellantis, Kia Motors, Mocean), as well as new mobility providers (Repsol, Sumitomo Corporation and British Columbia Automobile Association, among others).
Eight new mobility projects are set to launch in the first three months of the year, including an exciting new mobility service expected to launch soon in New York City.