APG, a global investment banking firm with expertise in arranging alternative credit, announced that it has reached an agreement to purchase up to $7 million of electric bikes and scooters from Unicorn Mobility, a digital micro-mobility based in the Netherlands. Under the terms of the agreement, Unicorn Mobility can draw down up to $7 million in the next 36 months to finance its fleet expansion.

Unicorn Mobility was founded in 2020 focusing on the micro-mobility vehicles space. The company’s primarily business centres around leasing electric vehicles, such as e-scooters and e-bikes, to hotels, resorts and similar establishments who, in turn, lease the electronic vehicles to their guests. Unicorn Mobility currently has a presence in the Netherlands, Greece and Italy. The company is headquartered in Amsterdam, Netherlands.

"We are excited to be part of the growth journey of such a young venture," said Stefano Sciacca, Managing Director, at APG. "APG is committed to support Unicorn Mobility’s mission of revolutionising the corporate micro mobility sector, with a positive impact on the planet"