# Vässla Electronic Scooters

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vassla-electronic-scooters

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Stockholm, Sweden
- Website: www.vassla.com
- Total disclosed funding: $11M
- Latest round: Series B (Jun 14, 2021)
- Investors on record: 1

## About

Vässla Electronic Scooters specializes in electric mobility solutions, focusing on innovative products like the Vässla epa-1, which enhances urban transportation with sustainable design and performance.Founded in 2017 by Rickard Bröms, Vässla Electronic Scooters is based in Stockholm, Sweden. The company focuses on providing electric scooters to improve urban mobility and has participated in a total of 4 funding deals. Its latest funding round was a Series B in June 2021, where it raised EUR 9 million, led by Skabholmen Invest. The company was founded by Rickard Bröms, who has a history of entrepreneurship.Vässla offers the Vässla epa-1, an electric scooter designed for urban mobility. This product emphasizes performance and sustainability, appealing to eco-conscious consumers. Launched in collaboration with Teenage Engineering, the epa-1 is marketed beyond Sweden to various European nations, targeting a broad audience interested in sustainable transportation solutions.In the most recent fiscal year of 2022, Vässla generated revenue of EUR 4,809,956.60 with an EBITDA of EUR -5,404,394.70. The company operates on a direct-to-consumer model through its website, selling the epa-1 priced at 19,990 SEK, along with accessories and spare parts. Vässla aims to enhance its revenue through partnerships with service providers and retailers.Following its Series B funding of EUR 9 million raised in June 2021, Vässla plans to launch the Vässla Club rental platform to diversify its service offerings. The company aims to expand its product range and improve market access, focusing on both existing European markets and potential new regions. The funding will support these initiatives, enabling Vässla to strengthen its presence in the electric mobility sector.

## Funding rounds

- Series B, Jun 14, 2021, $11M — Skabholmen Invest

## Investors

- Skabholmen Invest (https://capitalatlas.ai/funds/skabholmen-invest) — Series B