Bite Sessions pt 4/5 : Velco  | EIT Digital & The Beacon

At The Beacon you’ll be able to work, learn, network and develop tomorrow’s technologies.Far from being just another business center, The Beacon is an Internet of Things and Artificial Intelligence community and the launchpad for your product.Our bricks and mortar are the cradle of an internationally connected IoT ecosystem, crafted and managed by a whole team.- Innovation for industry, logistics and smart cities! -

The Beacon

Velco| Bite Session part 4: The Beacon & EIT Digital

In these powerful Bite Sessions, <a href="https://thebeacon.eu/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">The Beaco</a>n &amp; <a href="https://www.eitdigital.eu/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">EIT Digital</a> joined forces to not only talk but show the true change that companies successfully made with EIT Digital partnering. These companies will inspire, share their tips and tricks and give you transparency in their process. Our fourth session is with Velco, a French scaleup which develops connected solution for e-biker and e-scooters. With the support of the EIT Digital Accelerator, Velco, has completed a €5 million Series A financing round led by French and Belgian investors. Leveraging innovation and strong recognition in the bicycle industry, Velco aims to connect all types of two-wheeled vehicles (i.e. e-scooters, bikes, motorcycles) in an urban environment. Velco’s connected solution helps two-wheeler brands, manufacturers and transport operators optimize fleet management, generate high value-added data for communities and fleet managers, detect accidents, track location and improve safety.The company already supports major players in urban mobility in Franceand is targeting the European urban mobility market with an ambition to become the European market leader by 2024. Since March 2020, Velco has been actively supported by the EIT Digital Accelerator’s team in launching and coordinating the fundraising, which generated strong interest from multiple investors across Europe resulting in a €5 million series A funding.

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Bite Sessions pt 4/5 : Velco | EIT Digital & The Beacon

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Bite Sessions pt 4/5 : Velco | EIT Digital & The Beacon

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