28 January 2019 | Energy Impact Partners (EIP), Mainport Innovation Fund II (MIF II), and an undisclosed third party, have invested € 6.25 million in clean-tech startup ViriCiti. ViriCiti offers an online platform to support transit operators with real-time insights into their fleet. By combining charging infrastructure with electric and non-electric vehicles in one platform, the company is streamlining the transition to all-electric fleets and working to drive the global transition to zero-emission transport.
Since 2015, ViriCiti has been a market leader in electric bus telematics in Europe and the United States, serving over 50% of the electric bus market. The aim of the investment is to accelerate product development of ViriCiti Smart Charging, and growing ViriCiti’s team, offices, and existing customer base in North America.
VESPER Attorneys advised ViriCiti on this transaction.
For more info please refer to the press release.