Helvetia Venture Fund invests in Urban Connect, a Swiss start-up for business mobility
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Helvetia Holding AG / Key word(s): Investment Helvetia Venture Fund invests in Urban Connect, a Swiss start-up for business mobility 22.11.2022 / 07:00 CET/CEST
The Helvetia Venture Fund is acquiring a stake in the start-up Urban Connect. The company offers a wide range of services including fleet management and optimization as well as software solutions in the area of business mobility. The Helvetia Venture Fund is acquiring a minority stake in Urban Connect. This Swiss start-up operates in the area of business mobility and takes a holistic approach, whereby companies can outsource the management of their entire fleet to Urban Connect for e-scooters, bicycles, cargo bikes, e-bikes and electric vehicles. Urban Connect takes care of the procurement and management of the company's fleet. Employees of the affiliated companies can book and unlock vehicles using the company's own app. Public transport use is also incorporated into the app. The Urban Connect dashboard ensures a high level of transparency regarding vehicle use, which allows companies to optimize their fleets and, in the process, reduce their carbon footprint. Investing in the next generation of business mobility Urban Connect will use the new funds to expand its presence in Switzerland in particular, and to prepare for expansion abroad.
About the Helvetia Group Cautionary note
End of Media Release |
Language: | English |
Company: | Helvetia Holding AG |
Dufourstrasse 40 | |
9001 St.Gallen | |
Switzerland | |
E-mail: | [email protected] |
Internet: | www.helvetia.com |
ISIN: | CH0466642201 |
Valor: | 46664220 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1493105 |
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1493105 22.11.2022 CET/CEST