What is Dott?
Founded in 2018, Dott specializes in the manufacturing and operation of shared electrical scooters and bicycles designed to solve the last-mile connectivity challenge in dense urban environments. By integrating hardware innovation with a user-centric digital platform, the company has carved out a significant market share across major European cities. Dott distinguishes itself through a commitment to operational efficiency and sustainable urban mobility, effectively bridging the gap between public transit and individual travel needs.
How much funding has Dott raised?
Dott has raised a total of $188.3M across 2 funding rounds:
Series A
$33.3M
Series B
$155M
Series A (2019): $33.3M with participation from FJ Labs, EQT Ventures, Naspers Ventures, Felix Capital, U-Start Club, and Axel Springer Digital Ventures
Series B (2022): $155M led by Expon Capital, Aberdeen Standard Investments, Felix Capital, McRock Capital, Prosus Ventures, Estari Group, Quadia, Sofina, Invest-NL, EQT, and FJ Labs
Key Investors in Dott
Felix Capital
Felix Capital is a venture capital firm that focuses on the intersection of technology and creativity, supporting entrepreneurs with innovative ideas to develop strong brands that enhance the human experience.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses, with a portfolio that includes over 30 unicorn startups.
Sofina
Sofina is a private equity and venture capital firm based in Belgium that specializes in growth capital and digital transformation across various global industries.
What's next for Dott?
Following this major strategic investment, Dott is well-positioned to accelerate its expansion and refine its fleet management technology. The company is expected to focus on deepening its footprint in existing markets while optimizing its supply chain for long-term sustainability. As urban centers increasingly prioritize green transit alternatives, Dott's ability to scale its dock-less model will be pivotal in maintaining its competitive edge against global incumbents and local operators alike.
See full Dott company page
