PandaGo

pandago.eco ↗ ·Madrid ·Seed

PandaGo (legal entity Panda Motos S.L.) is a Madrid-based B2B electric-vehicle renting marketplace and fleet-management platform, positioning itself as Europe's first 'Fleet-as-a-Service' offering for last-mile delivery: flexible rental of electric motorcycles, cargo bikes and vans, combined with proprietary SaaS software for operating multi-vehicle, multi-supplier fleets and a managed-service layer. Customers include delivery operators such as Glovo and Revoolt, plus thousands of independent riders, and the company has channelled MOVES Flotas II/III public grants (NextGenerationEU) into multi-million-euro EV fleet investments. It raised a €4.7M round in September 2022 led by Kibo Ventures and has been recognised in CaixaBank's Premios EmprendeXXI.

Founded
2021
Founders
3
Total funds raised
€4.7M
Rounds
1
Investors
3
Last round
Sep 2022
SectorsMobility & Logistics, Electric Vehicles, Fleet Management SaaS, Marketplace, Energy & Climate, Last-mile Delivery Start-up MapMobility & Logistics › Mobility & vehicle services

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Founders

Andrés Soler
Co-founder & CMO (until April 2023)
Francisco Acosta
Co-founder & COO
Mariano Galán
CEO & Co-founder

Global models 4

Yulu
Rents electric two-wheelers to gig delivery riders and delivery platforms through its own fleet and battery-swapping software, which is a similar B2B/rider EV-rental model.
$120MComparable
Zoomo
Offers flexible rental and subscription of utility e-bikes and e-mopeds to delivery riders and fleet operators, with its own fleet-management software.
$100MComparable
Zypp Electric
India · zypp.app ↗
EV-as-a-service for last-mile delivery: supplies electric scooters with riders and fleet tech to e-commerce and quick-commerce customers like Zomato and Swiggy.
$60MComparable
Alt Mobility
Leases electric two-, three- and four-wheelers to commercial delivery fleets on flexible terms and provides a fleet-management and lifecycle-management platform.
$16MComparable

In the same niche 15 others

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Notes: Most funded first

Investors 3

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Funding rounds 1

DateRoundAmountLead

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