Zeus Scooters, a Carlow, Ireland-basedmobility company, acquired Zipp Mobility, a Dublin, Ireland-based shared e-scooter and e-bike service provider, for an undisclosed amount.
The acquisition will enable Zeus to continue to expand its reach into the Irish and UK markets and follows-on from its acquisition last year of UK-based scooter-sharing operator, Zwings.
Zeus is now operating in over 50 locations across 9 (Croatia, Germany, Ireland, Italy, Malaysia, Norway, Poland, Sweden and UK) countries. The combined Irish business of Zeus will now have 50 employees and all Zipp staff are being kept on.
Founded by Damian Young in 2019, Zeus began an e-scooter sharing service in Germany in 2020 and since then it has expanded rapidly across Europe and Asia.
Founded by Charlie Gleeson in 2019, Zipp provides e-scooter and e-bike services in 9 locations across Ireland, the UK and Poland. Headquartered at NovaUCD in Dublin, the company has secured funding from Enterprise Ireland, Fasanara Capital and angel investors such as Brian O’Driscoll and Barry Maloney (Balderton Capital).
FinSMEs
16/04/2023