What is Dott?
Established in 2018 and headquartered in Paris, France, Dott specializes in the manufacturing and operation of dock-less, shared electrical scooters and bikes. The company aims to revolutionize urban mobility by offering eco-friendly and convenient solutions for everyday commutes. Dott's fleet is designed to reduce reliance on traditional transportation methods, contributing to greener city environments and alleviating traffic congestion. The company's strategic focus on expanding its service areas and enhancing its fleet's sustainability has positioned it as a key innovator in the rapidly evolving micro-mobility landscape.
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, U-Start Club, Naspers Ventures, Felix Capital, EQT Ventures, and Axel Springer Digital Ventures
Series B (2022): $155M led by EQT Group, Expon Capital, Aberdeen Standard Investments, FJ Labs, McRock Capital, Prosus Ventures, Felix Capital, Estari Group, Quadia, Sofina, and Invest-NL
Key Investors in Dott
EQT Group
EQT Group is a global investment organization with a broad strategy encompassing private capital, infrastructure, real estate, growth equity, and venture capital. They focus on high-quality companies across sectors like technology and services, applying a thematic investment approach to drive value creation.
Expon Capital
Expon Capital is a venture capital firm based in Luxembourg that provides seed and scale-up funding to tech-driven companies, focusing on early-stage startups and growing businesses with high-impact potential.
Aberdeen Standard Investments
Aberdeen Standard Investments is a global asset management firm offering a wide range of investment solutions. They are known for their commitment to responsible investment and their expertise across various asset classes.
What's next for Dott?
With the recent influx of major strategic investment, Dott is poised for accelerated expansion and further development of its service offerings. This capital infusion is expected to fuel the company's growth initiatives, potentially including the scaling of its operations into new markets and the enhancement of its technological infrastructure. Dott's commitment to providing sustainable urban transport solutions, coupled with its robust funding, suggests a trajectory focused on solidifying its market leadership and driving innovation within the shared mobility industry. Future developments may also involve strategic partnerships and fleet upgrades to further optimize user experience and operational efficiency.
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