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Autonomous scooter startup co-founded by one of the first IT entrepreneurs in Romania about to close a €740K round

Scooterson - Romanian founder startup
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Scooterson, the micro-mobility American startup with a Romanian entrepreneur amongst the founders, has opened the investor’s pool in a new fundraising round. The company aims to reach over €700K to produce, launch and promote autonomous scooters.

The Seedblink campaign launched on the 8th of April has reached 75% of their first target of €540K, which translates into over €400K collected. Scooterson has finalized an equity crowdfunding campaign on Republic, an international investment platform, for almost €340K, and €400K is available to investors through the platform.

This funding round follows the almost €1.5M the project received three years ago from Arsat Industrie, a Romanian company based in Arad. Until now, the startup has received over €3M in financing from investors like HAX SOSV and Elevate VC.

Mihnea de Vries, Scooterson founder & CEO, is also the founder of the first Romanian internet provider company, EuroNet, back in 1996. He has two decades of entrepreneurial experience in technology, marketing, and video production. Deepansh Jain, an entrepreneur from India, joins Scooterson in the CTO chair to take the startup to the next level.

According to statistics, the global micro-mobility market is expected to reach €250B by 2030. Over 50% of the population is turning urban. This means that requirements for smart travel options might increase to reduce carbon emissions. 

The Californian-based project, founded in 2016, creates autonomous solutions both for B2C and B2B customers, like delivery companies, couriers, residential centers, and university campuses. Their mission is to inspire a new generation of tech-driven consumers to adopt sustainable rides and live a long life. 

With an award-winning design, Scooterson claims to offer the world’s first smart scooter. It will be lighter than anything else on the market and a software component will be added to an electric vehicle. The startup has developed 3 models, 5 patents granted and 3 pending. The Rolley comes in 6 colors and is set to become an extension of the user, no matter his or her size, with no gear involved.

The electric scooter uses AI, teleoperation, and automated driving technologies. The vehicle will learn the terrain, the product’s battery, and how you want to ride with an Artificial Intelligence element. 

With the help of the mobile app, you have the means of turning any gadget into a dashboard. This software will also be used to share a ride or to become a driver assistant so the products could target people with disabilities. The digital program will send customers a notification if somebody tries to tamper with the personalized scooter or if the product needs charging. 

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Elena is an Innovation Reporter at The Recursive with 10+ years of experience as a freelance writer based in Bucharest, Romania. Her mission is to report internationally on the amazing progress of the local startup ecosystems while bringing into focus exponential projects developed in niches like health and education or by female entrepreneurs.