Amsterdam, 14 March 2023 - The Sharing Group has joined an investment round of the Austrian e-carsharing company ELOOP. With The Sharing Group as lead investor, millions of euros have already been raised. The investment money will be used by ELOOP to boost growth in Austria and to expand to Munich, Germany.
With The Sharing Group, an experienced impact investor in the mobility sector joins an existing group of investors, including C&P Ventures, European Super Angels Club and Bitpanda Co-Founder Christian Trummer. The Sharing Group is known as the majority shareholder of the Dutch car sharing company MyWheels, whose fleet has grown from about two hundred cars to almost three thousand cars in three years. With the money raised, ELOOP wants to start operating in Munich this year, which will be the first German city. In addition, the existing fleet in Vienna will be doubled. The car-sharing company will continue to focus on only 100% electric cars.
“We decided to invest in ELOOP, first of all because the company's philosophy is closely aligned with ours; making mobility shareable and accessible. In addition, we can gain knowledge about the shared ownership technologies and innovations in which ELOOP is at the forefront. In the longer term, we certainly see opportunities for collaboration with the other mobility companies in our portfolio,” says Joost van Rooij, CMO at The Sharing Group.
“In these challenging times – both for our planet and the global economy – we are pleased to have found a partner who believes in our mission to make cities more livable. With The Sharing Group, we also welcome our first strategic investor in mobility and sharing, who will support us with expertise in scaling our e-car sharing service,” said Leroy Hofer, CEO and co-founder of ELOOP.
ELOOP is the car sharing company that offers the opportunity to share in the proceeds of a car with their members. The ELOOP ONE token has been developed for this on the basis of blockchain technology. Owners of this token benefit directly from the profit per car generated by the tokenized fleet. In the near future, the plan is to offer this to other mobility providers as well.
ELOOP is an e-carsharing company from Vienna. With quiet and emission-free vehicles, the start-up aims to improve the quality of life in the city and bring positive change to urban mobility. The company's ELOOP ONE token extends the idea of sharing even further by allowing everyone to participate in the ride revenue. Learn more at www.eloop.app/en & https://eloop.one/en/