Mundimoto closes round for 10 million supported by Mutua Madrileña and the family of Francisco Riberas

MADRID, 6 Jun.

Mundimoto closes round for 10 million supported by Mutua Madrileña and the family of Francisco Riberas

MADRID, 6 Jun. (EUROPA PRESS) -

The Catalan startup Mundimoto has closed a round of financing of 10 million euros in which Mutua Madrileña has participated, through its investment vehicle in startup Mutua Ventures, and Orilla Asset Management, an investment company of the direct family of Francisco Riberas , in addition to current partners of the company, as reported on Tuesday.

The capital raised in this round will help the company continue with its growth plan, consolidate its position in Italy, offer new products and services, such as vehicle leasing or subscription, or the launch of its spare parts and second-hand parts marketplace. hand, announced at the end of May.

"This operation has allowed us to bring strategic partners, such as Mutua Madrileña and Orilla Asset Management, into the company, which allows us to definitively boost our growth and consolidates us as one of the main players in the sector at a European level", has assured the CEO of Mundimoto, Josep Talavera.

In addition, Talavera has assured that this current year is being the course in which the company is taking "the definitive step" to consolidate its position of "leadership" at an international level.

"Grupo Mutua thus takes another step in its growth strategy in the field of mobility and in our objective of offering comprehensive services in this segment, which is one of the key projects of our 2021-2023 Strategic Plan", he explained. the deputy director general of insurance and new businesses of Mutua Madrileña, Víctor Zambrana.

The company specializing in the purchase and sale of motorcycles with a completely online service plans to exceed a turnover of 60 million euros from 2022 to the end of 2023.

The firm has opened its first subsidiary outside Spain, with the launch of its platform in Italy, in addition to expanding the vehicle catalog by adding new electric motorcycles, with 20 models of the main brands, according to the company.

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