4 years ago

Laka Secures $12 Million to Expand Green Mobility Insurance Across Europe

  • Laka, a London-based insurtech company specializing in collective insurance for bike and e-bike owners, has raised $12 million in Series A funding

  • The round was led by US mobility investor Autotech Ventures, with participation from Ponooc, ABN AMRO Ventures, and existing investors including Creandum, LocalGlobe, 1818 Ventures, and Elkstone Partners

  • Laka plans to use the funding to expand across Europe, launching in Belgium, France, and Germany in the first half of 2022

  • The company will also focus on expanding its coverage of commercial fleets across Europe, particularly those shifting to greener transport and e-mobility.

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