BOND Mobility, the Swiss-American micromobility operator, has acquired a small Belgian mobility technology company called e-motionlabs, which has been operating a fleet of e-bikes in Belgium, Germany, France and Netherlands under the brand KINGO.
Headquartered across Zurich and Palo Alto with 60+ staff, BOND Mobility provides a 'premium, sustainable and healthy' e-bike experience and will start working on integrating e-motionlabs‘ technology platform and operations to boost its offering.
The acquired startup was founded in Hasselt by Cédric Langer in 2015, but has for the last few years largely focused on vehicle connectivity technology, addressing the needs of the growing amount of e-bike OEMs and micromobility fleet operators.
Raoul Stöckle, co-founder and CEO of BOND Mobility, comments on the deal: "During this period of economic uncertainty we are doubling our investment in technology, expanding partnerships and refining our operations. Consistent with this commitment, we completed our acquisition of the technology and talent of e-motionlabs."
He also points out that e-motionlabs' customer base provides partnership opportunities for BOND Mobility, which already collaborates with the likes of Google, Siemens, ETH Zürich and others.