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loyalgo.de

Stage

Incubator/Accelerator | Alive

Total Raised

$20K

Last Raised

$20K | 5 yrs ago

About LoyalGo

LoyalGo wants to promote the expansion of charging stations for electric vehicles together with local dealerships. To do this, they have developed a bonus system for dealerships, financed by adverts on the charging stations (so-called "digital advertising pillars").

LoyalGo Headquarter Location

Germany

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Expert Collections containing LoyalGo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

LoyalGo is included in 1 Expert Collection, including Auto & Mobility Tech.

A

Auto & Mobility Tech

1,075 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

Latest LoyalGo News

Six mobility start-ups launching Volkswagen’s incubator program at Transparent Factory

May 24, 2017

Six mobility start-ups launching Volkswagen’s incubator program at Transparent Factory 24 May 2017 Volkswagen has selected the first six teams for the new start-up incubator at Volkswagen’s Gläserne Manufaktur (Transparent Factory, earlier post ) in Dresden: the start-ups Smart City System from Nuremberg; LoyalGo from Dortmund; Tretbox from Berlin; and Ekoio from Leipzig were declared winners on Thursday evening following a pitch competition at the factory. Volkswagen announced the incubator program at CeBIT 2017 in Hanover earlier this year. They will move into the Gläserne Manufaktur in summer, together with the start-ups Geospin from Freiburg and CarlundCarla.de from Dresden. There they will be able to develop their ideas for the market with support from Volkswagen experts and financial support from the state capital, Dresden. Nearly 50 mobility start‑ups applied. Over the course of eight hours, 14 entrepreneurial companies from Romania, Spain and Germany presented themselves in 30‑minute sessions in front of eight judges. The latest four selected start-ups: Smart City System: the company has developed a sensor system that detects, in real time, whether a parking space is occupied. The system helps to navigate to free parking spaces and reduces the level of traffic within cities caused by long and tedious searches for parking spaces. LoyalGo: these young creators want to promote the expansion of charging stations for electric vehicles together with local dealerships. To do this, they have developed a bonus system for dealerships, financed by adverts on the charging stations (so-called “digital advertising pillars”). Ekoio: telematics start-up Ekoio has already developed an intelligent driving assistant that can, for example, provide drivers, insurance companies, carsharing companies and fleet customers with important data on driving behaviour and use a bonus system to reward efficient driving. One of their goals is to reduce fuel consumption. Tretbox: the company is developing a new type of electrical cargo pedelec that provides weather protection and can carry goods. Above all, the vehicle is intended to deliver parcels across short distances and can drive autonomously. Two months ago, big data analysis specialist Geospin from Freiburg was chosen, as well as small bus provider CarlundCarla.de, which is developing a new concept for corporate carsharing. The entrepreneurial teams will move into the Gläserne Manufaktur in summer for six months. After three months, the teams must show their first results. If these are convincing, the start-ups will develop their ideas in Dresden until they are ready for the market. At the end of 2017 and start of 2018, more teams will move into the factory. The incubator program is aimed at students and researchers interested in establishing new projects. An important part of the program is the financial support the teams will receive—€15,000 (US$17,000) each. The Gläserne Manufaktur will also offer support from mentors and coaches, an attractive work environment in the factory, a high-quality IT infrastructure, contact with Volkswagen’s researchers, developers and decision-makers, professional counseling from the Development Bank of Saxony (Sächsische Aufbaubank, SAB), project management, proximity to the start-up scene, and financial and personal support from the state capital of Dresden.

  • What is LoyalGo's latest funding round?

    LoyalGo's latest funding round is Incubator/Accelerator.

  • How much did LoyalGo raise?

    LoyalGo raised a total of $20K.

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