Invest-NL to invest in Dott

Based in Amsterdam, Dott designs and maintains electric vehicles (e-scooters and e-bikes) for shared use in urban areas. Since its incorporation in 2018, the company has focused on sustainable, electric micromobility in the fight against air pollution and carbon emissions.

Invest-NL is investing as part of a € 71 million share issue. Aside from Invest-NL, other investors involved in the transaction include EQT Ventures, Prosus Ventures, Sofina, Estari, Quadia, Aberdeen Standard Investments, Expon Capital, Felix Capital, FJ Labs, McRock Capital and various angel investors.

This round of financing will allow Dott to create sustainable international growth based on transparent public-private collaboration and the development of digital solutions enabling seamless multimodality for urban areas. Together with several investors, Invest-NL drove the creation of a ‘Sustainability Board’ to safeguard the company’s further sustainability activities.

The investment in Dott fits in well with the focus on sustainable and innovative companies, which is key in Invest-NL’s investment strategy.

Leo Holwerda (Capital Director at Invest-NL): “With our investment in Dott, we strengthen the role of the Netherlands as the world’s centre of expertise in the field of micromobility. As Dott has its head office and R&D centre in Amsterdam, it gives a boost to high-quality employment opportunities in our country. In addition, we contribute to Dott’s international position and support European cities in their ongoing sustainability efforts.”

“During the first few years of our existence, we have shown that we are capable of offering excellent user-friendly mobility service, which benefits both people and planet,” says Henri Moissinac, co-founder of Dott, “this investment enables us to support even more cities by providing sustainable mobility options for their citizens and visitors.”