
Mooevo
Offering innovative, disruptive, and unique solutions for electric mobility of people and transport.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 Valuation: €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Support Program | ||
Total Funding | 000k |
EUR | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
% profit margin | (7 %) |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Mooevo, a Spanish company founded in 2018, is dedicated to creating electric mobility solutions for both people and goods. The Madrid-based firm was established by Ignacio Estellés, Bruno Fernandez, Pablo Cueto, Pablo Carrasco, and Javier Reguero. The initial inspiration for the company came when one of the co-founders, an engineer, devised a system to attach a hoverboard to his son's wheelchair, significantly improving their family's mobility. This personal solution sparked the idea to patent the technology and build a company to extend these benefits to a wider audience. The founding team combines diverse expertise: Ignacio Estellés (CEO) has a background in entrepreneurship, Pablo Carrasco (CIO) is a serial inventor with over 60 patents, Javier Reguero (COO) is a civil engineer specializing in transport, Bruno Fernandez (CTO) is an expert in electrical solution design, and Pablo Cueto (CFO) has over 25 years of experience in corporate and startup finance.
The company's core offering is a patented system that features an electric platform, similar to a hoverboard, which can be coupled with various cargo or transport systems like carts and wheelchairs. This design allows a single device to propel a load while simultaneously transporting the operator, who stands on the platform. Mooevo operates primarily on a B2B model, focusing on direct sales to businesses and forming distribution agreements. Initially, their revenue model is based on the sale of manufactured equipment, with plans to introduce pay-per-use and pay-per-kilometer models in the future. Manufacturing is outsourced to specialized suppliers based on Mooevo's designs. The company's target market includes last-mile delivery (LMD) companies, postal services, and healthcare logistics. For instance, they have an agreement with Correos, the Spanish postal service, to implement an electric mail cart for its more than 25,000 postmen.
Mooevo's product line addresses several market needs. The 'Mooevo Go' is designed to electrify manual wheelchairs, enhancing accessibility for people with reduced mobility. The 'Mooevo Cargo' range targets the last-mile delivery sector, offering a solution to challenges like urban mobility restrictions and the physical strain of pushing heavy loads. These vehicles can carry up to 200 kg and are designed to be highly maneuverable, capable of entering pedestrian zones and even buildings. A notable innovation is the 'Mooevo Cool e-Cargo', a project developed with EIT Urban Mobility to provide sustainable refrigerated last-mile delivery solutions. This project, in partnership with logistics company Koiki, is testing two formats: a four-wheeled personal electric vehicle and a lightweight, pedestrian-compatible vehicle, both with integrated refrigerated compartments. The company has received seed funding from investors including Ship2B.
Keywords: electric mobility, last-mile delivery, micromobility, logistics solutions, wheelchair mobility, sustainable transport, urban mobility, patented mobility system, cargo vehicle, delivery automation, assistive technology, electric carts, refrigerated delivery, accessibility solutions, B2B mobility, smart city logistics, transport engineering, sustainable logistics, electric platforms, courier services