About Vässla
Vässla is a company based in Stockholm (Sweden) founded in 2017.. Vässla has raised $13.5 million across 2 funding rounds from investors including Anders Pettersson, Magnus Wiberg and Patrik Hedelin. Vässla operates in a competitive market with competitors including NEVS, CAKE, RGNT Motorcycles, Movs Technology Group and Leo Motors, among others.
- Headquarter Stockholm, Sweden
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.5 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Series B
Jun 14, 2021
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Investors
Skabholmen Invest
& 6 more
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Employee Count
Employee Count
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Funding Insights of Vässla
Vässla has successfully raised a total of $13.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in June 2021. 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 2
- Last Round Series B — $11.0M
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First Round
First Round
(03 Oct 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Vässla | Valuation | Anders Pettersson | |
| Oct, 2019 | Amount | Angel Round - Vässla | Valuation |
investors |
| 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 Vässla
Vässla has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Anders Pettersson, Magnus Wiberg and Patrik Hedelin. 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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A Swedish family-owned investment company based in Stockholm.
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Founded Year | Domain | Location | |
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AP
Anders Pettersson |
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Founded Year | Domain | Location |
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MW
Magnus Wiberg |
Swedish angel investor in Indian startups, co-founder of MW Group
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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 Vässla
| 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 - Vässla
| 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 |
Vässla Comparisons
Competitors of Vässla
Vässla 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 NEVS, CAKE, RGNT Motorcycles, Movs Technology Group and Leo Motors, 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 autonomous cars are manufactured for urban mobility needs.
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| domain | founded_year | HQ Location |
High-performance electric motorbikes are designed and sold by CAKE.
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| domain | founded_year | HQ Location |
Electric motorcycles are manufactured by RGNT Motorcycles in Stockholm, Sweden.
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| domain | founded_year | HQ Location |
Multi-category electric two-wheelers and mobility solutions are developed.
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| domain | founded_year | HQ Location |
Provides cartridge batteries designed for electric vehicles.
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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 Vässla
Frequently Asked Questions about Vässla
When was Vässla founded?
Vässla was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Vässla located?
Vässla is headquartered in Stockholm, Sweden.
Is Vässla a funded company?
Vässla is a funded company, having raised a total of $13.5M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $2.5M, raised on Oct 03, 2019.
What does Vässla do?
Developer of electric-two wheelers. The company develops various models of electric two-wheelers like Vassla bike with features like removable battery, 250-450 W motor range, LCD display, etc. Also, it develops Vassla 2 electric mopeds with features like 60 V battery range, 45 Kmh speed range, portable battery, and more.
Who are the top competitors of Vässla?
Vässla's top competitors include NEVS, CAKE and RGNT Motorcycles.
Who are Vässla's investors?
Vässla has 7 investors. Key investors include Anders Pettersson, Magnus Wiberg, Patrik Hedelin, Skabholmen Invest, and Fredrik Österberg.
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