Shift4Good is a Paris-based impact investment fund focused on smart mobility.
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Matthieu de Chanville
Co-founder and Managing Partner
Achmea Innovation Fund has backed the micromobility insurer in a round led by Shift4Good.
"In a world where the demand for green and healthy transport options continues to rise but electric bicycles are also becoming increasingly expensive, Laka is at the forefront with innovative solutions."
The funding round was led by Shift4Good to support the company's growth and recent acquisition of Cylantro.
"We’re excited to welcome onboard the Cylantro team to Laka. Thomas and his team have built up a fantastic offering in France, and we can’t wait to ramp up our presence across the country. E-bikes are expected to outgrow car sales by 2025 in Europe and we see huge potential in France, where the sales of bikes and e-bikes are growing at double-digits. We are also excited to welcome Shift4Good as an investor, and we look forward to working with them to expand our commitments to decarbonising mobility, by making it easier for consumers to insure and protect their bikes or e-bikes."
