Aampere, a Munich-based e-mobility startup, has raised €4.2 million to expand its fully digital resale platform for used electric cars across Europe.
The round was led by Estonian VC Trind Ventures, with Vend Marketplaces ASA, the Nordic family of marketplaces behind FINN.no, Blocket and Bilbasen, joining as a minority investor. Consumer investor G-FUND has also joined the round as a new investor. The existing investors around GIMIC are increasing their stakes as well; in addition, experienced business angels from the automotive industry are participating.
“With fresh capital and strong new partners by our side, we’re accelerating our expansion and further building our position in the European market,” said Florian Reister, founder and CEO of Aampere.
Founded in 2023 by Reister, Niko Schmidt (CGO) and Maximilian Rost (CPO), Aampere operates a fully digital, pan-European platform for selling used electric cars.
The company points out that while electric car adoption is increasing across Europe, the resale of used EVs remains fragmented, slow, and often relies on manual, outdated processes with opaque procedures and national silo solutions.
“And it is precisely this market that determines the pace of the e-mobility transition: not everyone can afford a new car – and without a fast, reliable used-car market, mass-market electric mobility won’t take off,” the German startup mentioned.
Aampere claims to be building the missing infrastructure in the form of a fully digital, pan-European platform. The startup states that through a dealer auction, private and commercial sellers receive a binding purchase offer within 48 hours. It offers a self-learning pricing algorithm, a digital condition-and-history check, and integrated vehicle logistics.
Its process involves a pan-European dealer auction that establishes the highest bid, from which Aampere makes the seller a concrete purchase offer; once the seller accepts it, the company transfers the amount even before pickup, and the vehicle is then collected from the seller’s home. Aampere handles the entire transaction, from valuation and payment through to logistics.
“Electromobility is on the rise across Europe – but the secondary market for used EVs is still fragmented and inefficient. Right now, what’s needed is infrastructure for this secondary market. Aampere is building the platform for it – so that used electric cars quickly and reliably find the right buyer across Europe,” Reister added.
The company reported that it sells several thousand electric vehicles annually, with revenue quadrupling over the past year, and its team expanding to over 25 employees.
“Flo, Maxi and Niko have delivered exceptionally in a short time – with around 4x growth over the past year and a customer experience that keeps getting better for sellers and buyers alike. We’re glad to keep backing Aampere with full conviction,” said Taavi Lepmets, Partner at Trind Ventures.
The company plans to use this fresh capital to scale both sides of its platform. For sellers (private and commercial), Aampere is opening up new acquisition channels and partnerships to bring more vehicles onto the platform. On the buyer side, it continues to expand its dealer network and is entering new European markets.
