Estonia-based Bolt has bought electrical automobile ride-hailing carrier Viggo, a transfer that may permit the corporate to release and scale ride-sharing choices in Denmark. Phrases of the deal weren’t disclosed.
Based in 2013, Bolt is a mobility app that gives rides, supply, car-sharing, micromobility and extra. The corporate operates in 600 towns and 50 nations, and it already maintains a presence in Denmark with its e-bike leases in Copenhagen.
Markus Villig, CEO of Bolt, shared the inside track in a LinkedIn publish, including that the corporate could also be partnering with Denmark’s Taxi 4×27.
“We’re excited to announce our first ever acquisition—Viggo,” Villig mentioned. “They have got performed an improbable task construction the best possible rated taxi carrier within the nation with 300+ absolutely electrical vehicles.”
Viggo’s neighborhood, constructed up since its founding in 2019, features a fleet of 300 electrical cars, 500 drivers and 450,000 customers in Copenhagen and Aarhus.
Lars Speekenbrink, regional basic supervisor for Northern Europe at Bolt, mentioned the transfer lets in the corporate to go into the marketplace with a bonus.
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“We aren’t getting into Denmark as a small participant—we’re obtaining the best-performing taxi corporate available in the market,” he mentioned in a free up.
“Viggo has set the usual for top rate carrier, buyer pleasure and an absolutely electrical fleet, and we’re excited to construct on that luck. Via combining Viggo’s native experience with Bolt’s generation and scale, we can be offering riders a unbroken, high quality revel in whilst developing higher incomes alternatives for drivers.”
Viggo additionally shared the inside track on its LinkedIn web page and mentioned the sale marks the beginning of a brand new bankruptcy.
“Bolt brings ambition and skill to scale a industry and shall we now not have needed for a greater proprietor to force Viggo ahead,” Viggo mentioned. “This is excellent news for our unswerving Viggo-riders and all of the Viggo-riders-to-be and for our companions and drivers within the vehicles.”
Bolt mentioned in its free up that it’s dedicated to a clean transition for drivers, together with get right of entry to to Bolt’s generation, higher call for for rides and truthful fee. It additionally mentioned the corporate is dedicated to providing high quality, absolutely electrical rides in line with Viggo’s requirements. Bolt plans to spend money on Denmark’s taxi trade and leverage its e-bike consumer base as one way to spice up call for immediately for taxis.
Bolt made headlines in years previous for securing a number of rounds of investment in addition to making its personal investments.
In April 2022, the corporate mentioned it could spend €150 million on scooter and e-bike answers because it noticed an uptick in micromobility utilization.
Additionally in 2022, Bolt raised €628 million thru its Sequence F investment spherical, bringing its valuation on the time to €7.4 billion, in step with the corporate. In 2021 the corporate raised
€600 million in Sequence E investment in August and €20
million in March to be put towards improving get right of entry to to transportation
in rising economies. And in 2020, the corporate raised €150 million in December and €100 million in Might.
Estonia-based Bolt has bought electrical automobile ride-hailing carrier Viggo, a transfer that may permit the corporate to release and scale ride-sharing choices in Denmark. Phrases of the deal weren’t disclosed.
Based in 2013, Bolt is a mobility app that gives rides, supply, car-sharing, micromobility and extra. The corporate operates in 600 towns and 50 nations, and it already maintains a presence in Denmark with its e-bike leases in Copenhagen.
Markus Villig, CEO of Bolt, shared the inside track in a LinkedIn publish, including that the corporate could also be partnering with Denmark’s Taxi 4×27.
“We’re excited to announce our first ever acquisition—Viggo,” Villig mentioned. “They have got performed an improbable task construction the best possible rated taxi carrier within the nation with 300+ absolutely electrical vehicles.”
Viggo’s neighborhood, constructed up since its founding in 2019, features a fleet of 300 electrical cars, 500 drivers and 450,000 customers in Copenhagen and Aarhus.
Lars Speekenbrink, regional basic supervisor for Northern Europe at Bolt, mentioned the transfer lets in the corporate to go into the marketplace with a bonus.
Subscribe to our e-newsletter under
“We aren’t getting into Denmark as a small participant—we’re obtaining the best-performing taxi corporate available in the market,” he mentioned in a free up.
“Viggo has set the usual for top rate carrier, buyer pleasure and an absolutely electrical fleet, and we’re excited to construct on that luck. Via combining Viggo’s native experience with Bolt’s generation and scale, we can be offering riders a unbroken, high quality revel in whilst developing higher incomes alternatives for drivers.”
Viggo additionally shared the inside track on its LinkedIn web page and mentioned the sale marks the beginning of a brand new bankruptcy.
“Bolt brings ambition and skill to scale a industry and shall we now not have needed for a greater proprietor to force Viggo ahead,” Viggo mentioned. “This is excellent news for our unswerving Viggo-riders and all of the Viggo-riders-to-be and for our companions and drivers within the vehicles.”
Bolt mentioned in its free up that it’s dedicated to a clean transition for drivers, together with get right of entry to to Bolt’s generation, higher call for for rides and truthful fee. It additionally mentioned the corporate is dedicated to providing high quality, absolutely electrical rides in line with Viggo’s requirements. Bolt plans to spend money on Denmark’s taxi trade and leverage its e-bike consumer base as one way to spice up call for immediately for taxis.
Bolt made headlines in years previous for securing a number of rounds of investment in addition to making its personal investments.
In April 2022, the corporate mentioned it could spend €150 million on scooter and e-bike answers because it noticed an uptick in micromobility utilization.
Additionally in 2022, Bolt raised €628 million thru its Sequence F investment spherical, bringing its valuation on the time to €7.4 billion, in step with the corporate. In 2021 the corporate raised
€600 million in Sequence E investment in August and €20
million in March to be put towards improving get right of entry to to transportation
in rising economies. And in 2020, the corporate raised €150 million in December and €100 million in Might.
