About Kumpan Electric
Kumpan Electric is a company based in Remagen (Germany) founded in 2010 was acquired by Lohia Auto in April 2023.. Kumpan Electric has raised $3.27 million across 5 funding rounds from investors including EIT InnoEnergy, Lohia Auto and Peter Carlsson. Kumpan Electric has completed 1 acquisition, including Scrooser. Kumpan Electric operates in a competitive market with competitors including EV Technology Group, ENVO, Daymak, Epic Cycles and GIO e-scooter, among others.
- Headquarter Remagen, Germany
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name E-Bility Gmbh
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Annual Revenue
$5.79 M (USD)-21as on Dec 31, 2021
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Net Profit
$1.57 M (USD)151as on Dec 31, 2021
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EBITDA
$-1.57 M (USD)-350as on Dec 31, 2021
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Total Equity Funding
$3.27 M (USD)
in 5 rounds
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Latest Funding Round
$3.27 M (USD), Series A
Apr 03, 2020
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Investors
EIT InnoEnergy
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Lohia Auto
(Apr 26, 2023)
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Funding Insights of Kumpan Electric
Kumpan Electric has successfully raised a total of $3.27M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.27 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $3.3M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Kumpan Electric | Valuation | EIT InnoEnergy |
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| Dec, 2019 | Amount | Seed - Kumpan Electric | Valuation |
investors |
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| Jul, 2017 | Amount | Angel Round - Kumpan Electric | Valuation | Peter Carlsson |
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| 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 Kumpan Electric
Kumpan Electric has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include EIT InnoEnergy, Lohia Auto and Peter Carlsson. 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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Innovation engine in sustainable energy
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Founded Year | Domain | Location | |
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Financial support is provided by ISB for economic and housing development in Rheinland-Pfalz.
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Founded Year | Domain | Location | |
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PC
Peter Carlsson |
Angel investor, ex-Tesla executive, founder of Northvolt, active in sustainability
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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 Kumpan Electric
Kumpan Electric has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scrooser. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Premium electric scooters are developed by Scrooser in Germany.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kumpan Electric
| 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 |
Kumpan Electric Comparisons
Competitors of Kumpan Electric
Kumpan Electric 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 EV Technology Group, ENVO, Daymak, Epic Cycles and GIO e-scooter, 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 mobility vehicles are developed and EV manufacturers are acquired.
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| domain | founded_year | HQ Location |
Manufactures high-quality electric bicycles and snow gliders.
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| domain | founded_year | HQ Location |
Daymak produces ebikes, mobility scooters, ATVs, and accessories for consumers.
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| domain | founded_year | HQ Location |
Retails electric bikes, scooters, and parts for urban and off-road mobility.
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| domain | founded_year | HQ Location |
Offers electric scooters and bikes for commuting, delivery, and eco-friendly transport.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Kumpan Electric
Frequently Asked Questions about Kumpan Electric
When was Kumpan Electric founded?
Kumpan Electric was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Kumpan Electric located?
Kumpan Electric is headquartered in Remagen, Germany. It is registered at Remagen, Rheinland-pfalz, Germany.
Is Kumpan Electric a funded company?
Kumpan Electric is a funded company, having raised a total of $3.27M across 5 funding rounds to date.
What is the annual revenue of Kumpan Electric?
Annual revenue of Kumpan Electric is $5.79M as on Dec 31, 2021.
What does Kumpan Electric do?
Kumpan Electric was founded in 2010 in Remagen, Germany, and operates in the electric mobility sector. Various models, such as Inspire, Iconic, Impulse, and Ignite, are developed with features including multiple driving modes, touch displays, LED headlights, CBS braking, app-based unlocking, all-terrain capability, and Bluetooth app connectivity for ride monitoring. Comprehensive fleet sharing and management solutions are also provided to clients.
Who are the top competitors of Kumpan Electric?
Kumpan Electric's top competitors include EV Technology Group, ENVO and Daymak.
How many acquisitions has Kumpan Electric made?
Kumpan Electric has made 1 acquisition, including Scrooser.
Who are Kumpan Electric's investors?
Kumpan Electric has 4 investors. Key investors include EIT InnoEnergy, Lohia Auto, Peter Carlsson, and ISB.