About ELMOTO
ELMOTO is a company based in Belgium founded in 2010 was acquired by GOVECS Group in July 2018.. ELMOTO operates in a competitive market with competitors including VanMoof, Rad Power Bikes, Cowboy, Urtopia and EMotorad, among others.
- Headquarter Belgium
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
GOVECS Group
(Jul 19, 2018)
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Funding Insights of ELMOTO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELMOTO
ELMOTO has secured backing from 1 investor. Prominent investors backing the company include GOVECS Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Electric scooters are produced by GOVECS Group for urban mobility.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ELMOTO
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ELMOTO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elmoto Comparisons
Competitors of ELMOTO
ELMOTO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VanMoof, Rad Power Bikes, Cowboy, Urtopia and EMotorad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric bicycles with integrated technology are manufactured by VanMoof.
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| domain | founded_year | HQ Location |
Developer of electric bicycles
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| domain | founded_year | HQ Location |
Electric bicycles with integrated batteries and displays are developed.
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| domain | founded_year | HQ Location |
Electric bicycles are developed and manufactured by Urtopia.
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| domain | founded_year | HQ Location |
Electric bicycles and e-bikes are offered via an online platform.
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| domain | founded_year | HQ Location |
Electric bicycles are designed and manufactured by TENWAYS.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ELMOTO
When was ELMOTO founded?
ELMOTO was founded in 2010.
Where is ELMOTO located?
ELMOTO is headquartered in Belgium.
What does ELMOTO do?
ELMOTO was established in 2010 in Belgium as a manufacturer within the electric vehicle sector. Electric bicycles are developed and produced, incorporating components such as lithium-ion batteries for power, LCD displays for user interface, and aluminium frames for durability. Operations center on creating functional e-bikes suited for urban and recreational use, with a focus on European markets. The companys activities emphasize reliable engineering in sustainable mobility.
Who are the top competitors of ELMOTO?
ELMOTO's top competitors include VanMoof, Rad Power Bikes and Cowboy.
Who are ELMOTO's investors?
ELMOTO has 1 investor. Key investors include GOVECS Group.