Dott is a

Dutch Dutch commonly refers to: * Something of, from, or related to the Netherlands * Dutch people () * Dutch language () Dutch may also refer to: Places * Dutch, West Virginia, a community in the United States * Pennsylvania Dutch Country People E ...

- French

micromobility Micromobility refers to a range of small, lightweight vehicles operating at speeds typically below 25 km/h (15 mph) and driven by users personally. Micromobility devices include bicycles, e-bikes, electric scooters, electric skateboard ...

company based in

Amsterdam Amsterdam ( , , , lit. ''The Dam on the River Amstel'') is the Capital of the Netherlands, capital and Municipalities of the Netherlands, most populous city of the Netherlands, with The Hague being the seat of government. It has a population ...

which was founded in January 2019. Dott operates over 30,000 shared

electric scooters Electric motorcycles and scooters are plug-in electric vehicles with two or three wheels. Power is supplied by a rechargeable battery which drives one or more electric motors. Electric scooters are distinguished from motorcycles by having a ...

and electric bikes in 17 cities in Europe. Dott is one of the three companies that are authorized to operate rentals of electric scooters in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

during a one year trial of the use of e-scooters.

History

Dott was founded in September 2019 by Henri Moissinac and Maxim Romain. It had its

Series A round A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchan ...

of funding in 2019, raising €30 million led by

EQT Ventures EQT Ventures is the venture capital business of Sweden, Swedish Investment management, investment manager EQT Partners, EQT AB Group. In May 2016, EQT Ventures announced its first €566m fund that makes minority equity investments in European an ...

and

Naspers Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its ...

; this was followed by a

Series B A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...

round in April for $85 million, led by

Sofina Sofina, ''Société Financière de Transports et d'Entreprises Industrielles'', is a Belgian holding company, headquartered in Brussels with offices in Singapore. As part of the Bel20 index, it is one of the twenty largest capitalisation in Be ...

. The company was selected along with companies TIER and Lime to participate in a year-long trial of the use of e-scooters as a method of transportation in

. It will deploy up to 6,600 scooters there during the course of the trial, which will be available for rental use via an app.

References

External links

* {{Scooter sharing systems Dutch companies established in 2019 Companies based in Amsterdam Scooter sharing companies Transport companies established in 2019