KUHMUTE
KUHMUTE is a technology company.
Financial History
KUHMUTE has raised $800K across 1 funding round.
Frequently Asked Questions
How much funding has KUHMUTE raised?
KUHMUTE has raised $800K in total across 1 funding round.
KUHMUTE is a technology company.
KUHMUTE has raised $800K across 1 funding round.
KUHMUTE has raised $800K in total across 1 funding round.
KUHMUTE has raised $800K in total across 1 funding round.
KUHMUTE's investors include Blue Victor Capital, Collab Capital, LongJump VC, WillowWorks.
KUHMUTE is a Flint, Michigan-based technology company founded in 2018 that manufactures safe, secure charging and locking hubs for e-scooters, e-bikes, and other micromobility vehicles.[1][2][3] It serves universities, corporations, and multifamily residences by providing agnostic solutions for both personally owned devices and private fleets, solving the problem of unreliable, unsafe charging infrastructure in urban and campus environments.[1][3] Key products include robust charging stations with stainless steel locks, 4G connectivity for in-app monitoring, and the proprietary Micromobility Charging & Locking Standard (MCLS) for efficient docking and charging.[1][3] With $240K raised in seed funding and partnerships like Helbiz for fleet deployments in Flint, KUHMUTE shows early growth in the micromobility sector, holding two patents related to micro-mobility EV docking.[2][4]
KUHMUTE emerged in 2018 from Flint, Michigan, amid rising demand for micromobility solutions in urban areas, founded by Peter Deppe—a business developer, product designer, and electrical engineer with experience at 100K Ideas—and Scott Spitler.[2][4] The idea stemmed from the need for a universal parking and charging network for devices smaller than cars, including e-scooters, e-bikes, cargo bikes, wheelchairs, and delivery robots, agnostic to form-factor and ownership type (shared or personal).[3][4][5] Early traction included developing the MCLS standard and securing seed funding from investors like Futureland Ventures, Right Side Capital Management, Comeback Capital, and GAMIC accelerators.[2][4] A pivotal moment came with Helbiz's deployment of e-scooters powered by KUHMUTE's network in Flint after a two-year permit, highlighting its role in local micromobility infrastructure.[1]
KUHMUTE rides the global micromobility boom, fueled by urbanization, sustainability goals, and post-pandemic demand for last-mile transport amid e-scooter/e-bike adoption.[1][2][6] Timing aligns with EV infrastructure needs, as cities and campuses seek secure parking to combat clutter and theft, while operators cut costs via distributed charging over centralized warehouses.[6] Market forces like regulatory permits (e.g., Flint's Helbiz deal) and data-driven insights favor it, integrating with analytics for demand forecasting and rebalancing.[1][6] It influences the ecosystem by standardizing charging via MCLS, enabling multimodal networks that boost efficiency for competitors like Knot or Dott, and supporting green amenities in universities/corporates to enhance user satisfaction and reduce emissions.[2][3]
KUHMUTE is positioned for expansion as micromobility scales, potentially targeting more cities, international markets, and integrations with delivery robots or autonomous devices. Trends like AI-optimized urban mobility, stricter emissions regs, and 5G enhancements will amplify its connectivity edge, while further funding could fuel manufacturing growth from its <25-employee base.[2][4][6] Influence may evolve from niche Flint innovator to key enabler in universal EV charging networks, especially if patents drive licensing. As micromobility matures, KUHMUTE's safe, efficient hubs could become standard infrastructure, powering the next wave of sustainable urban transport much like its e-scooter solutions do today.[1][3]
KUHMUTE has raised $800K across 1 funding round. Most recently, it raised $800K Seed in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $800K Seed | Blue Victor Capital, Collab Capital, LongJump VC, WillowWorks |