Amadeus has invested an undisclosed amount in mobility technology company Eccocar. This investment will offer digital solutions for car sharing and micromobility. Other investors such as Ninepointfive haver also participated in the undisclosed round.
Iván Luarca Gayo, co-founder and CEO, Eccocar, says: “Partnering with Amadeus is a major strategic opportunity for Eccocar, leveraging our industry-leading technology with a global leader in the travel space. We will jointly offer our innovative solutions to customers, and, with Amadeus’ support, our international expansion can now be accelerated, especially in the car rental sector.”
The investment will enable the Spain-based startup to offer additional mobility content beyond car rental and pre-arranged transfers across its global platforms.
Suzanna Chiu, head of Amadeus Ventures, says: “Our industry is currently undergoing major changes, with shared mobility and autonomous vehicles bringing opportunity to the market. To meet these changes, collaboration is a great way to ensure our solutions match the growing expectations of the traveler. By leveraging synergies between both organisations, Amadeus will build a seamless end-to-end car rental and urban mobility experience for travelers.”
Previously this year, Amadeus Ventures have invested in climate tech specialist Choose and has also invested in Busbud.