Successful start for the next funding round for the Clean Mobility start-up KEYOU. KEYOU was able to win another shareholder in the Kreissparkasse Esslingen-Nürtingen mbH investment company, in short ES KAPITAL, thus successfully opening the current round of capitalization. “We see enormous potential in the technology and are convinced that KEYOU will play an important role in global mobility in the near future,” says Ralf Sonnenwald, Managing Director and the authorized signatory at ES Kapital. The new investment will be used primarily to further develop hydrogen-specific components, build the first prototype vehicles, and expand the company.
Both parties have agreed not to disclose the amount of the investment volume.
KEYOU is currently holding talks with other potential investors, and the capitalization round should be completed by the end of the year. According to CEO Thomas Korn, the investment is “a ‘respectable’ double-digit million amount”.