Start-up e.Go gets millions
Nils Wischmeyer
| 26.02.2021
First insolvency, then takeover, now a new financing round: The Aachen-based start-up has closed a Series B financing round.
The Aachen-based start-up e.Go was once the celebrated star in the German electric car firmament, but then suffered a number of setbacks and even filed for insolvency last year. But Dutch investment firm ND Industrial Investments was able to avert the end by taking a majority stake in the hopeful.
Now there is good news again from the Aachen-based company: the start-up has raised 30 million in a Series B financing round, securing capital for the coming months. Among others, Formula E founder Alejandro Agag and US actor Edward Norton, who will also become brand ambassador for the electric runabout, have invested.
The company was originally founded by RWTH professor Günther Schuh, who has since taken over as chairman of the board of directors. For the coming weeks, the start-up now wants to push production of the e.Go Life model. Initially, there is to be a special edition with a run of 1,000 vehicles, which is to cost just under 23,000 euros.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2015
Aachen
e.GO
Develops and produces electric vehicles.
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
