Turkish shared micromobility operator Tripy Mobility has secured fresh investment to support its expansion across Europe.
The investment sum, which cannot be shared, came from Turkish impact fund Fark Labs and aims to scale Tripy’s smart transportation solutions and infrastructure projects in the next year.
Currently serving three Turkish cities with a total population of 7.5 million people, Tripy aims to expand its reach to 30 million by the end of the year.
“This new investment marks a significant milestone in Tripy’s growth journey,” Tripy CEO Dr. Ali Onuralp Ünal told Zag Daily. “As Turkey’s leading electric bike-sharing and EV charger operator company, we are excited to strengthen our operations and take further steps towards becoming a global brand.
“We are also grateful for the continued support of MIA Teknoloji, our first investor, who believed in our vision for sustainable mobility from the very beginning. With this new investment, we remain committed to expanding our operations and promoting sustainable transportation solutions for more livable cities.”
Founded in 2022, Tripy currently operates its fleet of 4,000 e-bikes across Izmir, Sakarya and Eskişehir, and has 70 electric vehicle charging stations across seven cities.
The new investment aims to support Tripy with strengthening its e-bike fleet, electric vehicle charging station network and technological infrastructure. Tripy also plans to accelerate its use of AI-supported software to improve operational processes and user experience as it strives to become a global brand.
The operator is currently exploring other mobility modes such as shared e-bikes for disabled people, e-cargo bikes, and taxi vehicles.
Fark Labs Founder Ahu Serter said: “With our investments in urban mobility, we are building a more sustainable and liveable future. The smart transportation solutions developed by Tripy are shaping the future of transportation by making cities greener, more efficient, and connected.”
