Ecosummit – October 16th 2013

Fabienne  Herlaut  Managing    Partner  

 

Inves0ng  in  Smart  Mobility  startups    

Ecosummit – October 16th 2013

Ecomobilité Ventures: an innovative approach

Three leaders create an investment partnership dedicated to smart mobility:

§ Think tank: Shared vision, complementary expertise;

§ Access to open innovation;

§ 25M€ to invest in early stage companies, mostly in Europe;

§ Active minority shareholders;

Ecosummit – October 16th 2013

Investment scope

Ecosummit – October 16th 2013

Our achievements: 3 investments in 2012

BtoB carsharing operator (Norway)

Electric wheel for industrial handling devices

(France)

Peer-to-Peer carsharing webservice

(France)

Total investment: +/- 5M€

Ecosummit – October 16th 2013

§  Financing  requirements  are  significant  and  will    increase  as    market  matures;  

§  Access  to  financing  is  not  enough,  there  is  a  need  for  scalable  tes;ng  fields;  

§  Profitability  comes    from  cri;cal  mass  and  consolida;on;  

§  Shared   usage   of   cars   converges   to   a   unique  market   place   including   carsharing,  ridesharing,  taxis  …    

§  Private   cars   are   becoming   ”Private-­‐Public”,   fully   integrated   to   public  transporta;on  networks;  

§  The  most  valuable  mobility  is  the  one  that  can  be  avoided  !  

 

What I told you one year ago

Ecosummit – October 16th 2013

Google invests 258M$ in Über

Blablacar raised 10M€ from Accel, Isai…

Streetline raised 60M€ from Fontinalis (Bill Ford), Qualcomm, Citi, Sutter Hill…

Financing requirements are significant and will increase as market matures

25M€ invested in Hailo by Union Square, Richard Branson

OUR DEALFOW Average Financing need MARKET

Carpooling.com raised more than 10M€ from Earlybird, Daimler

(M€)

Ecosummit – October 16th 2013

Financing is not enough, startups need scalable testing fields

Ecosummit – October 16th 2013

Market concentration is starting

SCNF – Greencove/Ecolutis

Citizencar – Buzzcar (June 2013)

RelayRides – Wheelz (May 2013) Google – Waze ($1Bn)

Whipcar (March 2013)

Acquisitions by large groups Startups M&A Ceasing of activity

Avis – Zipcar ($1Bn)

Blablacar - Postoinauto.it (March 2012)

Better Place (May 2013)

Ecosummit – October 16th 2013

Shared   usage   of   cars   converges   to   a   unique   market   place   including  carsharing,  ridesharing,  taxis….    

Ridesharing & Instant Ridesharing

P2P Carsharing

P2P Park-sharing

On-demand taxis

There is no unique market place yet but collaborative consumption is an accelerator towards better mobility and fluidity:

Market saturation

Interest / prior success

Source: The Sharing Economy – Latitude - 2011

BEST OPPORTUNITIES

DONE WELL ALREADY

Ecosummit – October 16th 2013

Public  transport  can  no  longer  sustain  the  growing  mobility  needs,  new  ini;a;ves  break  the  gap  between  public  and  private  transporta;on:  §  Carsharing  solu0ons  :        

The  historical  split  between  public  transporta@on  and  private  cars  is  disappearing  

§  Ridesharing  &  Instant  ridesharing:    

§  Buspooling  &Vanpooling  

§  On-­‐demand  taxis:  

Ecosummit – October 16th 2013

The  most  valuable  mobility  is  the  one  that  can  be  avoided  !  

Business centers in railway stations

Coworking spaces P2P office-sharing

Teleworking

Ecosummit – October 16th 2013

Conclusion  

Mobility is the right place to be ! both for startups and investors

Ecosummit – October 16th 2013