# Clean Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clean-mobile

- Industry: Rail Transport
- Headquarters: Germany
- Website: www.clean-mobile.com
- Total disclosed funding: $16M
- Latest round: Series B (Apr 1, 2011)
- Investors on record: 3

## About

Clean Mobile AG is a German company specializing in electric mobility solutions, focusing on developing innovative technologies for enhanced e-bike experiences through advanced drive systems and integrated components.Clean Mobile AG, founded in 2006, operates in the electric mobility sector, specifically in developing e-bike drive systems. The company was acquired by TQ-Group in April 2012. It is located in Germany, with a focus on providing advanced technology solutions in the e-bike industry. The acquisition of Clean Mobile AG by TQ-Group aligns with TQ's strategy of expanding its portfolio in the e-bike market, and the company's latest funding round, a Series B, raised EUR 7.70 mn, contributing to a total amount raised of EUR 7.70 mn. Investors included Capital-E Partners, Earlybird Venture Capital, and High-Tech Gruenderfonds.Clean Mobile AG specializes in the development and production of e-bike drive systems, prominently featuring the TQ HPR® 120S motor. Their products include a complete suite of e-bike components such as drive units, batteries, displays, remote controls, and IoT connectivity software. These solutions aim to enhance the riding experience by prioritizing a natural feel, catering specifically to consumers who appreciate high-quality electric bicycles. Clean Mobile AG's offerings leverage over a decade of experience in electronics design, particularly through patented technologies, and are marketed mainly in Europe and the United States to bike manufacturers and retailers.Clean Mobile AG generates revenue primarily through B2B transactions, supplying e-bike systems to bicycle manufacturers and retailers. Their flagship product, the TQ HPR® 120S motor, is sold directly to these partners, who then sell completed e-bikes to end consumers. The sales model includes support and service agreements to ensure that the systems perform optimally. Pricing structures may vary based on order size and specific configurations, fostering long-term partnerships in the e-bike market.Clean Mobile AG plans to innovate with upcoming products designed to enhance e-bike performance and user experience, with specific launch dates to be announced. The company aims to expand its market presence in North America and Asia by 2025, leveraging the recent funding of EUR 7.70 mn to bolster research and development efforts. Following its acquisition by TQ-Group, the strategic focus will be on integrating Clean Mobile AG's technology into TQ's broader offerings, further establishing its footprint in the electric mobility sector.

## Funding rounds

- Series B, Apr 1, 2011, $11M — Capital-E Partners, Earlybird, High-Tech Gruenderfonds
- Series A, Mar 31, 2008, $5.2M — Earlybird, High-Tech Gruenderfonds

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A, Series B
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A, Series B
- Capital-E Partners (https://capitalatlas.ai/funds/capital-e-partners) — Series B