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German Electric Vehicle (EV) manufacturer, e.GO Mobile closes Series B funding round

e.GO Mobile has closed a Series B equity funding round of more than EUR 30 Million for Next.e.GO Mobile SE, enabling start of production in its German factory and supporting Company’s growth agenda.

The round attracted international investors from all around the globe, including Moore Strategic Ventures (MSV), the privately held investment company for Louis M. Bacon, founder & CEO of Moore Capital Management, LP; John Snow, Previous U.S. Secretary of Treasury; Alejandro Agag, the founder and Chairman of Formula E as well as Edward Norton – actor, writer, director and co-founder of multiple technology companies such as CrowdRise and EDO.

“We are very pleased with the success of the Series B funding and more so with the quality and impact of our great investors, who have joined the Next.e.GO journey in driving the transformation of carbon-free urban mobility and offering true life-cycle sustainability” says Ali Vezvaei, CEO of nd Group B.V. and Member of the Board of Directors at Next.e.GO Mobile SE.

With its four-seater passenger car, e.GO Life, and its disruptive production platform, Next.e.GO Mobile SE offers electric cars.

“We are very grateful for the continued enthusiasm, commitment and patience of our customers and fans and are equally happy to finally be able to accept their orders” says Professor Günther Schuh, founder and Chairman of the Administrative Board at Next.e.GO Mobile SE.

By Arya

Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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