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Status: Active

Jul 12th 2021 - Aug 11th 2021

15 days left

Dynamo claims to be the world's only 100% electric zero-emissions London black cab. It asserts that it uses Nissan's fully electric eNV200 Evalia MPV as a donor vehicle and converts it to a fully certified and compliant London 'Black Cab'. Dynamo argues that there are nearly 70,000 taxis in the UK, of which 4,000 have already converted to electric vehicles. Dynamo is competing to convert the remaining 66,000 into electric ones to gain profit and improve the environment. Dynamo has, to date, sold 170 vehicles in London, Liverpool, Coventry, Sheffield, and Nottingham. The company intends to become a competitor in the £4 billion taxi market. It states it will use the investment to procure a vast array of additional parts and equipment from a localised supply chain, increase its workforce, develop a second product in collaboration with Nissan/Renault Alliance, and strengthen its relationship with large automotive manufacturers.

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  • £1,577,490
    pledged
  • 78%
    of goal

    £2,000,010
    target

    £15,464,070
    pre-money valuation

    11.45%
    equity available

    244
    investors

    £6,465
    pledge per investor

    11668447
    company number

    Active
    company status

    08/11/2018
    incorporated 3 years

    Previous Funding rounds
    12 Jul 21 Seedrs £1,577,490 / 79%

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Funding progress



  • £1,577,490
    pledged
  • 78%
    of goal

    £2,000,010
    target

    £15,464,070
    pre-money valuation

    11.45%
    equity available

    244
    investors

    £6,465
    pledge per investor

    11668447
    company number

    Active
    company status

    08/11/2018
    incorporated 3 years

    Previous Funding rounds
    12 Jul 21 Seedrs £1,577,490 / 79%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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  • The Times
  • The Daily Telegraph