E-mobility startup Aampere has secured €1.6 million in fresh funding to supercharge its European expansion. The round was led by Trind Ventures, an Estonian early-stage investor known for scaling digital platforms, with participation from Gimic Ventures and several seasoned angels from the mobility industry.
Aampere plans to expand beyond Scandinavia and the Benelux region, deepening its footprint across key European markets. The investment will also fuel further product development and technological enhancements, strengthening its valuation engine and logistics integration.
Breaking barriers in the fragmented EV resale market
Europe’s used EV market remains largely analogue, bogged down by manual processes and scattered national solutions. Aampere aims to change this by offering a unified, fully digital platform for trading pre-owned EVs across the continent. The startup’s goal is to make the resale process transparent, fast, and environmentally responsible, helping build a sustainable circular economy for e-mobility.
By digitising the entire resale process, Aampere eliminates the inefficiencies and lack of trust that often plague cross-border vehicle transactions. Its Europe-wide reach allows private owners and fleet operators alike to tap into a wider network of buyers, boosting both convenience and resale value.
A 48-hour sale powered by tech and trust
Founded in 2022 by Florian Reister, Maximilian Rost, and Nikolaus Schmidt in Munich, Aampere’s innovation is its self-learning valuation algorithm, which determines fair market prices for used EVs in real time. Sellers, whether private individuals or dealerships, can list their vehicles on the platform and receive competing bids from a Europe-wide dealer network.
Through a Europe-wide dealer auction, the best price is determined within 48 hours. Once the seller accepts the offer, Aampere transfers the payment before pickup, and the vehicle is then conveniently collected directly from the seller’s home. This streamlined approach reduces waiting times from weeks to mere hours. Additionally, every listing undergoes a digital condition and history check, giving buyers full confidence in their purchase.
The timing couldn’t be better. According to Germany’s Kraftfahrt-Bundesamt (KBA), ownership transfers of used EVs have grown by nearly 70% annually over the past three years. Despite fluctuating prices and shifting policies, demand for affordable pre-owned electric vehicles is clearly accelerating across Europe.
Driving Europe’s next phase of e-mobility
By simplifying the buying and selling of used EVs, Aampere is laying the groundwork for a truly connected and sustainable European e-mobility ecosystem. With growing investor confidence and surging market demand, the startup is well-positioned to redefine how Europe trades its electric future.
“Our platform is the complete opposite of paperwork, waiting times, and lack of transparency. We automate the resale process, making electric mobility accessible and economically attractive for everyone across Europe. What started as a mission to accelerate electric mobility in Europe has quickly evolved into a strong team that now sells over 100 electric vehicles per month and keeps growing every day. Aampere represents the fundamental transformation of an entire market, driven by speed, data, and a European perspective,” Florian Reister, Founder & CEO of Aampere.
“Flo, Max, and Niko have built an exceptional team in a very short time, combining strong customer focus with operational efficiency. We are confident that Aampere will scale successfully across Europe and are excited to support the team on this journey,” added Taavi Lepmets, Partner at Trind Ventures.
