# Eco Urban Scooters

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eco-urban-scooters

- Industry: Transportation Services
- Headquarters: Dublin, Ireland
- Website: www.zeusscooters.com
- Total disclosed funding: $4.2M
- Latest round: Seed (Jun 15, 2022)
- Investors on record: 2

## About

Eco Urban Scooters Limited, based in Ireland, specializes in innovative electric scooters designed for urban commuting, providing eco-friendly transportation solutions to city dwellers and tourists.Eco Urban Scooters Limited was founded in 2019 in Dublin, Ireland. The company focuses on electric scooters for shared mobility, targeting urban commuters. CEO Damian Young leads the firm, which has completed 7 deals, with the most recent funding round occurring on December 1, 2022. The company raised EUR 650,000 from EIIS.Investments Ireland, with total funds raised amounting to EUR 650,000.ZEUS Scooters offers a unique range of innovative three-wheeled electric scooters for the shared mobility market. These scooters incorporate advanced technology for reliability and safety, catering to urban commuters. ZEUS provides various access passes, including the 30-Minute Bundle at EUR 5.99, 60-Minute Bundle at EUR 11.99, 180-Minute Bundle at EUR 24.99, and 300-Minute Bundle at EUR 39.99, designed for diverse riding needs. Customers include daily commuters, casual riders, and tourists in urban centers across Europe and potentially North America and Asia.ZEUS Scooters generates revenue through the sale of access passes and rental fees for electric scooters. Users interact with the service via the ZEUS app, unlocking scooters for a fee that includes an upfront charge and a per-minute riding fee, facilitating direct-to-consumer engagement and potential local business partnerships.In December 2022, Eco Urban Scooters Limited secured EUR 650,000 in venture funding from EIIS.Investments Ireland to support operational growth. The company plans to use this funding to hire more staff and expand its operations. Future strategies include designing new scooter models and targeting new markets across Europe and North America by the end of 2023.

## Funding rounds

- Seed, Jun 15, 2022, $4.2M — Business Venture Partners, Enterprise Ireland

## Investors

- Business Venture Partners (https://capitalatlas.ai/funds/business-venture-partners) — Seed
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Seed