German mobility startup Wunder Mobility raises $30M Series B

INSUBCONTINENT EXCLUSIVE:
Wunder Mobility, the Hamburg-based startup that provides a range of mobility services, from carpooling to electric scooter rentals, has
raised $30 million in Series B funding
The round was led by KCK Group, with participation from previous backer Blumberg Capital and other non-disclosed investors.The German
company says the investment will be used to expand the company engineering team in its home country and to establish an international B2B
sales organisation
Currently, Wunder Mobility has 70 employees working from four offices in Asia, Germany, and South America
The aim is to add another 100 employees over the next twelve months in the areas of product development and B2B sales.Founded in Hamburg in
2014, but now with an international focus, including emerging markets, Wunder Mobility supplies software, hardware, and operational services
for various &future-oriented& mobility concepts
These span smart shuttles, fleet management and carpooling, reaching more than two million users in a dozen countries, including France,
Germany, Spain, Brazil, India, and the Philippines. &We are enabling communities on four continents to address the global traffic challenge
and to deploy more sustainable mobility options faster by hosting a full-stack urban mobility tech platform,& explains founder and CEO
Gunnar Froh.&Our three product lines either allow private people to share empty seats with people headed in the same direction (Wunder
Carpool), match professional drivers with passengers in 6-10 seater vans (Wunder Shuttle), or give travellers the option to rent vehicles
(electric scooters, cars) by the minute (Wunder Fleet)&.In recent months, transport companies as well as customers from the automotive
industry in Japan, Europe and America have committed to using Wunder technology
The company is already processing around one million trips per month worldwide.To that end, Froh describes Wunder Mobility typical B2C
customers as the emerging middle class in mega cities such as Rio de Janeiro, Manila or Dehli.&Many of these customers commute to work every
day for several hours, are often first-time car owners and are open to sharing empty seats in their cars in order save on gas and car
expenses,& he says.On the B2B side, the startup customers are large OEMs, and public transit companies or suppliers, such as the Japanese
conglomerate Marubeni
&We are working with Marubeni on ambitious new mobility services worldwide,& adds Froh.Meanwhile, Wunder Mobility competitors are cited as
Via in New York on the shuttle side
In Europe it perhaps competes most directly with Berlin Door2Door, and Vulog in Paris.