Uniti raises £1m on UK-platform Crowdcube from more than 1500 investors

London – Uniti Sweden, the maker of the 100% electric, autonomous-ready city car Uniti One, has launched a crowdfunding campaign on UK-based platform Crowdcube. This is a unique opportunity for investors to contribute to the success of a company called the “Tesla for megacities” by Business Insider. The company surpassed its initial goal of raising £1,000,000 from more than 1500 investors from 65 countries and has elected to extend the campaign to offer additional investors a chance to “own part of the solution.”

The timing of the campaign correlates with a surge in interest for market-based solutions to deal with the challenges of global climate change. As Sir David Attenborough noted recently at the UN climate talks in Katowice, Poland, “if we don’t take action, the collapse of our civilisations and the extinction of much of the natural world is on the horizon.” Core to Uniti’s sustainable model is to provide reductions in traffic congestion, urban pollution and carbon emissions while adding investment and jobs to the local UK economy. “Uniti is designed to dramatically disrupt the existing vehicle ownership model, accelerate the transition to clean transport, and help countries meet Paris climate targets with stronger economic growth,” said Uniti Chairman, Dr. Michael Molitor.

The aim of the current crowdfunding effort is to help accelerate Uniti’s market entry into the UK, where they plan to launch their 2-seat electric car in 2020. In October, the company announced its intent to establish a pilot production plant within the UK’s Silverstone Technology Cluster and has already shifted much of its electric vehicle R&D to the region. Funds raised will go toward supporting this ongoing vehicle development by the engineering team in Northamptonshire.

While the company boasts the support of key global partners such as Siemens and E.On, Uniti has found that raising a portion of its capital needs via crowdfunding to be an excellent match to its community-driven brand DNA. “I decided to make an investment in Uniti because I found something very compelling in the young, passionate team behind the company,” said former Qlik CEO Lars Björk, an early investor in the company. “They’re disrupting an established industry and being bold can really make disruption successful.”

“It’s always great to see innovative businesses, like Uniti, who have ambitious plans, a strong purpose and environmental impact seeking investment on our platform,” said Luke Lang, co-founder of Crowdcube.

For more information, visit Uniti’s crowdfunding campaign on Crowdcube at https://www.crowdcube.com/uniti

Please find Uniti’s campaign video below:

 

About Uniti

Uniti exists to meet the challenges of global mobility by producing safe, clean and affordable vehicles that balance the environmental and sustainability needs of society with mass market desires for progressive design and a premium experience. Uniti’s 100% electric vehicle, the Uniti One, was first introduced at the company’s U17 product launch event in December 2017. It has since gained a pre-order value totaling over €70 million. Pre-orders for a fully-refundable price of €149 can be placed on Uniti’s website: https://www.uniti.earth/

 

Press imagery can be downloaded here.

 

For more information about Uniti, please contact

Verena Kitowski, PR & Marketing Coordinator

Email                   verena@teamuniti.com

Phone                 +46 72 579 0541

Web                     www.uniti.earth

Social media       #teamuniti

Privacy Preference Center

Functional cookies

Functional cookies are necessary for the site to work properly. Without them, the website experience would break.

cfduid, jsuid, stripe_mid, stripe_sid, gdpr, wpe-auth

Performance cookies

Performance cookies are helpful to our company. They let us do things like analyzing our website traffic or seeing if people who click on our advertising also visit our website. Overall, they give us some of the data we need to keep improving our website and make our marketing more relevant to people.

_ga, _gid, _gat

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?