Wahu Mobility Ltd. (Wahu), a trailblazer in the electric mobility sector, announced that it has secured an undisclosed investment from Blue Lion, a distinguished Family Office and Central investment firm affiliated with the German family-owned Schörghuber Corporate Group. Blue Lion’s commitment to supporting sustainable and cutting-edge technology solutions has marked a pivotal moment in Wahu’s journey, solidifying its standing as a prominent player in the rapidly evolving sustainable mobility market in Africa and beyond.
According to Florian Schörghuber, a member of the family and Co-CEO of Schörghuber Group, “We believe in the pioneering spirit at Wahu. Valerie Labi and her team are playing a major role in shaping the future of sustainable mobility in Africa, and we are proud and humbled to contribute to this exciting endeavor.”
Wahu, functioning as a climate-smart innovation hub, is dedicated to revolutionizing urban transportation through mobility solutions that prioritize reduced carbon emissions and eco-friendly commuting. While expanding transportation options, Wahu is also actively nurturing opportunities for brilliant engineering talents across the African continent.
With this investment, Wahu is well-positioned to accelerate its mission of revolutionising urban mobility and developing eco-friendly transportation solutions. The collaboration with Blue Lion not only provides invaluable financial support but also serves as a resounding endorsement of Wahu’s vision, one that is centered on crafting innovative, efficient, and sustainable e-bike products, redefining the way people commute.
Wahu intends to allocate this investment towards expanding production capacity, investing in research and development, bolstering marketing endeavors, and broadening its distribution network. As the e-bike market experiences continual growth, Wahu is unwavering in its commitment to furnish riders with top-tier, dependable, and eco-conscious transportation alternatives, championing healthier lifestyles, reduced carbon emissions, and enhanced earning opportunities for gig economy workers.
Blue Lion, distinguished for its adeptness in identifying and nurturing companies poised to enact positive change, recognizes Wahu’s pivotal role in curbing carbon emissions and bolstering the local gig economy through innovative e-mobility solutions. The investment is a testament to their dedication to supporting companies striving to enhance the long-term quality of life for all.
Jonathan Assouline, Investment Manager at Schörghuber Group, articulates their investment choice: “We chose to invest in Wahu mainly because we were impressed by the company’s holistic approach to solving not one, but numerous existing problems. By leveraging the fundamental principles and incentives of capitalism, we observe Wahu’s contribution to job creation within the local economy, fostering prosperity while concurrently augmenting the presence of sustainable vehicles on Africa’s roads.”
