Vässla
Vässla is a technology company.
Financial History
Vässla has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Vässla raised?
Vässla has raised $3.0M in total across 1 funding round.
Vässla is a technology company.
Vässla has raised $3.0M across 1 funding round.
Vässla has raised $3.0M in total across 1 funding round.
Vässla is a Stockholm-based Swedish technology company specializing in the design and production of electric two-wheeled vehicles, including scooters, bikes, and mopeds like the epa-1, Vässla Scooter, Vässla Bike, and Vässla Pedal.[1][3] It targets consumers seeking sustainable micromobility options, solving urban transportation challenges through high-quality, accessible e-vehicles via a monthly subscription model that democratizes ownership.[3][5] The company serves individual riders and aims for a "super-app" with features like battery monitoring, location tracking, remote control, and community rentals, evidenced by its MVP app development and subsequent funding success.[2]
Vässla positions itself as a leader in Europe's micromobility market, emphasizing sustainability and innovation amid the continent's green transition.[1][2][3]
Vässla originated as a Swedish brand focused on electric scooters and has evolved into a broader micromobility player under Ever Engineering AB.[1][3] The company was acquired or taken over by leaders passionate about two-wheelers, sustainability, and development, aligning with Europe's shift to greener transport—described as a "dream" opportunity during a transitional period.[3] A pivotal moment came with the development of its first consumer app MVP by Akava, overcoming challenges like remote hardware testing from China, supply chain delays, and geosensing tech for geo-locking and rentals, which helped secure investment.[2]
Recent efforts include collaborations with Chalmers University of Technology, where six students are developing a new electric vehicle as part of their master's theses, and ongoing production ramps for models like the "new Vässlan" moped.[3]
Vässla rides the micromobility and electrification trend, capitalizing on Europe's push for sustainable urban transport amid regulatory shifts toward low-emission vehicles.[1][3] Timing is ideal as cities restrict cars and promote e-scooters/bikes, with market forces like rising demand for affordable, shared mobility favoring its subscription model and app ecosystem.[2][5] It influences the ecosystem by pioneering consumer apps for rentals and tracking, securing funding via MVPs, and fostering university collaborations that pipeline talent and innovations into climate tech.[2][3][4]
Vässla is poised to scale its "super-app" vision, expand vehicle lines like the new moped, and leverage Chalmers partnerships for breakthrough e-vehicle designs.[2][3] Trends in urban electrification, subscription economies, and EU green mandates will propel growth, potentially positioning it as Europe's micromobility leader if it navigates supply chains effectively.[1][2] Its influence may evolve through broader hardware-software integrations, deepening its role in democratizing sustainable transport from Stockholm to global markets.[5]
Vässla has raised $3.0M in total across 1 funding round.
Vässla has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in October 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2019 | $3.0M Series A |