HomeSpainMundimoto Raises €20M in Funding

Mundimoto Raises €20M in Funding

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Mundimoto, a Spanish online platform to buy and sells motorcycles, raised €20m in funding.

The round was led by P101 SGR via Programma 102 and ITALIA 500, with participation from Autotech Ventures e Maniv Mobility.

The company intends to use the funds to continue to grow and expand at an international level, starting with the opening in Italy in the next months. Mundimoto aims to hire 50 engineers and 250 new employees.

Co-founded by Albert Fossas e Josep Talavera, Mundimoto provides a marketplace which enables users to buy and sell motorcycles via its web site Mundimoto.com. In addition, the company offers sales support services such as online valuation, safe and direct payment, pickup and transfer of ownership.

The turnover of the company has grown from €1m in 2019 to €15m in 2021 with a presence in Spain, Poland, and Netherlands. Mundimoto recently added:

  • Jordi Pellat, as VP of Engineering, 
  • Jacob Cañadas, as Chief Technology Officer, and
  • Jaume Civit, as Chief Data Officer.

FinSMEs

17/02/2022

THE DAILY NEWSLETTER - SIGNUP