PandaGo Raises €4.7M in Funding

pandago

PandaGo, a Madrid, Spain-based provider of a platform for renting electric vehicles for companies, raised €4.7M in funding.

The round was led by Kibo Ventures, with participation from Big Sur Ventures, and JME Ventures.

The company intends to use the funds to reach France and Italy in the coming months, expand operations, and develop the platform.

Led by Francisco Acosta, Andrés Soler and Mariano Galán, PandaGo provides companies with electric mobility solutions including a marketplace for renting electric vehicles and a software platform that enables users to operates multi-vehicle or multi-supplier fleets, and a service for companies to contract their fleet as a managed service.

The company serves over 80 clients in 30 cities.

FinSMEs

26/09/2022