EV startup e.GO Mobile closes Series B funding round

nd Industrial Investments BV, part of nd Group BV, an international venture capital company, and majority shareholder of Next.e.GO Mobile SE, has successfully closed a Series B equity financing round of over EUR 30 million for Next.e.GO Mobile SE, enabling production to start at its German factory and supporting the company’s growth agenda.

The round attracted renowned international investors from around the world, including Moore Strategic Ventures (MSV), the private investment firm of Louis M. Bacon , founder and CEO of Moore Capital Management, LP; John Snow , former US Secretary of the Treasury ; Alejandro Agag , founder and president of Formula E and a pioneer in EV racing, as well as Edward Norton , a three-time Academy Award-nominated actor, writer, director, and co-founder of multiple technology companies including CrowdRise and EDO.

Having been a United Nations Ambassador for Biodiversity for over 10 years and a longtime advocate for decarbonization and environmental sustainability, Norton is one of the great brand ambassadors for e.GO in its mission to transform and reimagine urban mobility.

With its four-seat passenger car, the e.GO Life, and its disruptive production platform, Next.e.GO Mobile SE is one of the most sustainable electric cars.

“We are very satisfied with the success of the Series B financing and more with the quality and impact of our large investors, who have joined Next.e. GO’s initiative to drive the transformation of carbon-free urban mobility and to deliver true lifecycle sustainability, “said Ali Vezvaei, CEO of nd Group BV and member of the Board of Directors of Next.e.GO Mobile SE.

“We are very grateful for the continued enthusiasm, commitment and patience of our customers and fans, and we are equally happy to finally accept their requests,” said Professor Günther Schuh, Founder and Chairman of the Board of Next.e .GO Mobile SE.

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