FBG invested € 0,3mio together with friends in Estonia-based Comodule and its great team in 2018. The fresh money supports the strong growth of Comodule.
Comodule is a leading supplier of connectivity-solutions for micro.mobility, e.g. E-Scooters, and bikes. The Business Model builds on Software-engineering, Hardware-design, Hardware-production as well as operations solutions.
Revenues were > € 15mio in 2019 after € 3,5mio in 2018. The company is profitable.
Comodule GmbH, Berlin
Comodule OÜ, Tallin,
Participation in a Series A round
Connectivity for E-Bikes and E-Scooters
Revenue growth > 400% (2018)
Growth finance - ca € 0,3mio in Equity