Irish start-up Zipp Mobility secures €500k investment

Zipp Mobility is an Irish e-scooter operator bringing a more sustainable scooter sharing model to cities in the UK, Ireland and further afield.

With investors including former Irish rugby captain Brian O’Driscoll, micromobility start-up Zipp Mobility has announced it has secured a €500,000 investment as it ramps up plans to operate several shared e-scooter trials in the UK.

The latest funding takes Zipp’s investment to date to over €1 million and comes just a week after the UK Department for Transport (DfT) approved Zipp Mobility’s e-scooter for use in these trials.

The Irish e-scooter operator was founded by Charlie Gleeson in 2019, and is headquartered at NovaUCD, the centre for new ventures and entrepreneurs at University College Dublin.

“This new funding puts Zipp in a really strong position to launch trials in the UK”

Charlie Gleeson graduated from the UCD Lochlann Quinn School of Business in 2019. In the same year he also completed NovaUCD’s mentoring programme for student entrepreneurs and the UCD VentureLaunch Accelerator Programme run by NovaUCD for early-stage start-up companies.

Discussing the latest investment, he noted; “This new funding puts Zipp in a really strong position to launch trials in the UK. These are exciting times for the Zipp Mobility team and this backing is a great mark of the momentum we are enjoying as a company.”

Safety-first design

Group of people standing with 2 e-scooters.

Pictured: Will O’Brien, Head of Growth and Government Affairs; Ben Duffy, Operations Lead; Robert Coyle; Investment Lead; Charlie Gleeson, Founder and CEO; Síofra Brady, Growth Associate and Lorcan Brophy, Investment Associate. (Photographer: Saiful Haque)

Earlier this year the UK government announced plans to accelerate trials of rented e-scooter schemes as part of its strategy to explore less congested and greener methods of urban transport in response to the Covid-19 pandemic.

All UK regions are now permitted to launch e-scooter sharing schemes, in partnership with scooter firms, such as Zipp Mobility.

The Zipp Mobility e-scooter has been carefully designed with safety in mind. It features an aircraft-grade aluminium frame, 10-inch airless tyres, a swappable battery, dual braking, a wide base and a low centre of gravity. The scooters are also equipped with nano-septic handlebar wraps that reduce the risk of Covid-19 transmission by 99.98 per cent.

The Zipp Mobility e-scooter also has a lifetime of over two years, compared to the estimated industry average of just three months. Rigorous maintenance through local on-the-ground teams will ensure this extended lifespan.

The start-up further commits to green operations through its ‘end-of-life’ plan, recycling and re-using all parts when scooters do fall beyond repair. In addition, Zipp’s electric charging fleet and swappable battery is ten times more efficient than the widely used gig economy model.

Top image: Pictured at Nova UCD Charlie Gleeson, founder and CEO, Zipp Mobility. Image: Nick Bradshaw, Fotonic

Written by Stephen Larkin

Published: 3 September, 2020