fluctuo (Founders Program) raises 1,6M€ to consolidate its position in the European market

After Kompozite last week, another startup from STATION F’s Founders Program just raised funds. fluctuo has announced a 1,6M€ raise with Statkraft Ventures and 574 Invest, the investment fund of SNCF Group. Created in 2019, the company is specializing in the collection, processing and distribution of data on shared mobility services, including bikes, scooters, mopeds and cars. flucto’s mission is to promote the uptake of shared mobility services by making them more accessible through multiple digital platforms including apps, websites, and journey planning dashboards.

In Europe, fluctuo already works with around 30 mobility operators (Cityscoot, TIER, Dott, Voi, Share Now…), transport aggregators (Free Now, SNCF e-Voyageurs, Cogo…) and public transport operators.

This fundraising will allow fluctuo to grow its position in the European market and expand into new mobility modes, such as on demand transport, and integrate urban infrastructure data into its product offering (recharging stations, parking garages, etc.). The company also plans to hire around 15 new talents, including data analysts and developers.

“The development of these new urban mobility services has accelerated since the start of the health crisis. At the end of 2021, there were over 500.000 shared vehicles available throughout Europe. At fluctuo, we are proud to be helping players in this market make their services accessible to as many people as possible. We plan to use this latest round of funding to expand our product offering further, adding new capabilities and moving into new markets”, explains Julien Chamussy, President of fluctuo.

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