Chango announces fundraising of 2 million euros

Chango announces fundraising of 2 million euros

The French startup Chango, a specialist in electric mobility, has just completed a fundraising of 2 million euros. Business Cool spoke with Grégory Hachin, co-founder and CEO to learn more about this startup’s projects. In addition, as part of the launch of Chango, the startup specializing in electric micromobility has prepared a special offer for all Business Cool readers.

Everything you need to know about Chango

Who are you ?

My name is Grégory Hachin, I am the father of 3 children, I am a musician and a big fan of travel, I have also been expatriated to China as well as to England. I completed my studies at TBS Education where I obtained a Master’s degree in marketing. Following my studies, I went to London for 5 years where I worked in marketing in telecoms. Then, for 6 years, I was advised in Paris in a strategy firm to B2C clients on growth and business planning subjects. In 2017, I took the position of CEO at Ticketac, a subsidiary of the Le Figaro group, which operates marketplaces in cultural and leisure ticketing. Finally, since this year I have been the CEO and one of the co-founders of Chango.

What does Chango do?

Chango is a marketplace specializing in urban electric micro-mobility which helps everyone who wants to take the plunge into electric mobility.

On the product side, the site references electrical products from 1 to 4 wheels (electrification kits, bicycles, scooters, scooters and quadricycles) as well as accessories. On the services side, we offer a range of services to help you choose (collection of the subsidy, discussions with an expert, spreading of payments, etc.) and use your vehicle (maintenance, insurance, etc.). For example, we organize ride tests to allow you to try the bike before buying it: either we come to you with the bike of your choice, or we meet at the numerous test events that we organize on which you can test several vehicles!

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In terms of content, you can find all our video tests, comparisons and practical guides to help you find your way and make the right choice! Some beautiful products that you will find on the platform: Voltaire, Elwing or Shiftbikes bicycles, Silence or Brumaire scooters, Segway/Ninebot scooters or the Biro quadricycle!

Chango’s fundraising

Why did you raise 2 million euros?

This will allow us to develop the activity on two axes: acceleration of the services offered to customers and strengthening of the Tech which underpins the development of the activity. This necessarily involves recruitment, in Paris and in the region, around the professions of Tech, mobility, marketing and business development.

Why did you choose to include Via ID in your capital?

Via ID is the key player that invests in and drives the European innovation ecosystem around new mobility. Via ID is part of the Mobivia Group (Norauto, Midas, Vélib’, Vroomly, etc.) and has incredible expertise in mobility. This is a strong differentiating advantage for Chango

321Founded also participated in this fundraising. It is a startup studio that creates new activities with large corporates to combine the best of both worlds:unfair advantage of a large company (distribution network, expertise, brand, etc.) and the execution capacity of a team of entrepreneurs.

What will Chango look like in 5 years?

Chango will be positioned as the leading online player in electric mobility in Europe with an expert positioning, which markets products and services to support all those who want to transition to electric.

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Chango’s offer for Business Cool readers

As part of the launch of Chango, the startup is offering free advice/grant collection and purchasing assistance to all readers of this article. This aid can amount to up to 800 euros for the purchase of an electric bike. Substantial aid, but very often neither very simple nor very readable, so to cross the threshold, Chango will support you so that you can benefit from the best possible help in order to buy you a bicycle, a scooter, a scooter or even a quadricycle.