Estonian fund Trind Ventures leads €1.6M round for German e-mobility startup Aampere

Aampere, a German E-mobility startup, has successfully closed a €1.6 million funding round to further accelerate its European growth trajectory. The round was led by Trind Ventures, with the participation of Gimic Ventures and several experienced business angels from the mobility sector.

About Aampere 

• Aampere provides a digital platform where private and commercial sellers can sell their used electric vehicles across Europe within 48 hours.

• According to the company, this is enabled by a self-learning valuation algorithm, a digital vehicle condition and history check, and integrated logistics. Through a Europe-wide dealer auction, the best price is determined within 48 hours. 

• Once the seller accepts the offer, Aampere transfers the payment before pickup, and the vehicle is then conveniently collected directly from the seller’s home.

Investment details

• Trind Ventures is the lead investors in Aampere. It is an Estonian seed-stage venture fund focusing on European software startups with a consumer or community component. Since the launch in 2022, the fund managed to invest in over a dozen European companies.

• The round was also backed by Gimic Ventures and several experienced business angels from the mobility sector.

Aampere will use the new funding to accelerate product development and expand its presence across Europe, moving beyond its current markets in Scandinavia and the Benelux region

Read more: Estonian company FleetFox raised €800k to expand its vehicle fleet management platform across Europe