Milan-based startup Maxi Mobility, which provides an electric fleet-as-a-service solution for professional drivers, has closed a €1.2 million funding round to expand its operations and accelerate the adoption of zero-emission mobility in Italy’s urban transport sector.
The round saw participation from UniCredit Bank and the Motor Valley Accelerator, part of CDP Venture Capital’s National Accelerator Network. Other co-investors include Plug and Play Tech Center, Fondazione di Modena, a group of angel investors, and Maxi Mobility’s own founding team.
“The arrival of a partner such as Motor Valley Accelerator represents a strategic validation of the work we have done and gives us the impetus to bring our vision to an industrial scale,” says Gian Paolo Incutti, CEO and Founder of Maxi Mobility. “Electric mobility can become truly accessible if it is built around the concrete needs of those who experience it every day.”
Founded in 2021, Maxi Mobility offers an all-inclusive subscription model designed for taxi drivers and corporate urban fleets. The service bundles electric vehicle leasing with unlimited charging, fleet management software, and 24/7 driver support – aiming to remove the main friction points that typically hinder electric vehicle adoption, such as upfront costs, charging complexity, and operational inefficiencies.
The newly secured funding will be used to scale up Maxi Mobility’s existing operations in Milan and Rome, further develop its proprietary digital platform, and enhance its charging infrastructure across strategic urban locations.
The company also aims to begin expanding into selected European markets where demand for electrified professional fleets is growing, supported in part by local environmental regulations and governmental incentives.
Maxi Mobility’s market focus is strategically timed. According to the company, there are currently over 13,000 active taxi licences across Milan and Rome alone, a number that is expected to grow with the 2023 Asset Decree, which encourages municipalities to issue new licences specifically for eco-friendly vehicles.
With a tailored model for these operators, the company is positioning itself as a key enabler of the electric transition in cities under regulatory pressure to cut emissions.
“The investment in Maxi Mobility is fully in line with our mission to promote concrete and scalable solutions for sustainable mobility. Maxi is tackling a crucial challenge with an innovative and pragmatic approach, making the transition to electric vehicles truly accessible and simple for taxi drivers and urban fleets. As Motor Valley Accelerator, we are excited to accompany them in this phase of growth and industrialisation,” commented Enrico Dente, director of Motor Valley Accelerator and Plug and Play.
With backing from both the finance and mobility sectors, Maxi Mobility looks to become a significant player in Europe’s sustainable urban transport landscape.
