The equity financing is led by De Hoge Dennen Capital, the investment vehicle of the De Rijcke family, and current major shareholder and entrepreneur Anne-Marie Rakhorst. The investment will be used to facilitate further growth of the organization and to continue building on offering green and flexible shared transportation throughout Europe.
Co-founder and CEO Quinten Selhorst: "We are of course incredibly happy with and grateful for this funding, which is the result of intensive contact with De Hoge Dennen Capital and Anne-Marie Rakhorst. At the start of our adventure, we knew that felyx is a capital-intensive concept and that the key to success for international growth lies in data and smart technological applications. Since the summer of 2020, felyx's revenues have covered operational expenses. An important milestone, especially within the shared mobility market. With this financing, we can now further grow the organization and take the step abroad, where we see enormous potential."
Chiel Soeter, Senior Investment Manager De Hoge Dennen Capital: "De Hoge Dennen Capital is eager to invest in companies with strong growth potential that contribute to sustainable development. We are very impressed with the dominant market position that felyx has been able to achieve in a very short time. We believe we can further develop this market position together in Europe. Through further growth and innovation, felyx will become even more relevant as a green urban mobility solution in the future."
Expansion in 2020 to five cities
Since the first ride in 2017, felyx users across the Netherlands and in Brussels have covered over 14 million kilometers on the e-scooters. This has saved more than 1117 tons of CO2 emissions. In the past year, felyx expanded to five cities. With further growth in the Benelux and Europe, felyx reinforces its objective: to make European cities more livable and accessible for everyone with a compact, shared, and sustainable means of transport.
