Bratislava, Slovakia (September 21, 2021) – Slovak start-up Mobilyze closed its seed round from Vision Ventures investment fund to improve the utilization of electric vehicle charge points. The raised capital will be used to develop the product and expand Western European markets. The conditions of the investment were not disclosed.
Mobilyze is a business intelligence platform that helps to maximize the utilization of EV chargers using big data analytics and AI. The company has been so far active mostly in Central Europe and on German-speakingmarkets. Among their clients are ZSE (E.ON), Kelag, and Shell, their partners are Eurowag, Sygic, and Greeninfra. In the past Mobilyze competed in European finals of PowerUp! by InnoEnergy and took part in the DMS accelerator. Currently it is one of 10 selected startups in the newly created Swiss Baloise Mobility accelerator.
“We are very happy that Vision Ventures decided to invest in Mobilyze. We took their offer because of their experience in both investments, as well as in business. The human factor was also very important,” said Pavol Magic, CEO and co-founder of Mobilyze and continues: “We will use the investment to further develop our product and expand to the fastest-growing markets of the Netherlands, Germany, France, and the UK.”
Mobilyze currently offers spatial analysis and road network analysis based on the potential of deployment of high-power chargers. In the future it will also provide predicted utilization on virtually any location in the world, as well as predicted occupancy.
About Mobilyze (www.mobilyze.it)
Mobilyze is a business intelligence platform that helps to maximize the utilization of EV chargers using big data analytics and AI. It was founded in 2020 by Pavol Magic, Jakub Mazgut, and Slavomir Kubacka.
About Vision Ventures (www.visionventures.vc)
Vision Ventures is a venture capital fund focused on seed investments in Slovakia. It supports ambitious founders with innovative and disruptive ideas. The fund under management is multi-sector focused and typical ticket size is between EUR 100 and 800k. Vision Ventures is led by Tomas Bel and Gabriel Horvath.
Courtesy of email from Pavol Magic, Mobilyze
Featured Image: Photo by Paul Gilmore on Unsplash, Haggen, Sankt Sigmund im Sellrain, Austria