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LE MAG J&A

Pony boosts its ambitions with a €23 million fund-raising round

Deals / 27 September 2024

Read the original CFNews article here.

 

Pony, a start-up specialising in shared urban mobility, has just raised €23 million from Blast Club, Ademe Investissement, Colam Impact, La Poste Ventures and its historic investors. Joffe & Associés (Thomas Saltiel & Océane Christmann) advised Pony on this transaction.

 

Pony, a Bordeaux-based company and leader in the shared urban mobility market, has just raised €23 million in a Series B financing round. This strategic financing will enable the company to strengthen and expand its fleet of self-service bicycles and scooters, with a target of 30,000 units deployed in new towns and cities. Pony stands out for its innovative self-financing model, in which users can co-invest in the vehicles, an approach that is appealing to local authorities looking for sustainable mobility solutions.

 

This round of financing was backed by Blast Club, Ademe Investissement, Colam Impact and La Poste Ventures. The funds raised will enable the company to accelerate its expansion into additional cities, while improving its fleet management and vehicle geolocation technologies. Pony’s participative model, in which users can buy and hire bikes and scooters themselves, continues to gain in popularity thanks to its local and collaborative dimension.

 

Pony, which has already made its mark in cities such as Bordeaux and Angers, intends to play a leading role in transforming urban transport habits. With this round of funding, the company aims to respond to ecological challenges and provide alternatives to the private car, while increasing citizen involvement in the management of shared mobility.

 


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