06.04.2021

SoFlow grows on the back of Renault partnership

Flawil SG - SoFlow is planning to carry out a new financing round with the aim of securing international growth. The supplier of e-mobility solutions is benefiting from its partnership with Renault.

SoFlow develops e-mobility solutions including scooters, skateboards and karts. The company based in the St.GallenBodenseeArea produced thousands of custom-made scooters for Renault, which the French automotive manufacturer offered to buyers of an electric car as a free gift with purchase as part of a special campaign. Manuel Hug, co-founder and CEO of SoFlow, is “very happy” with the collaboration with the international carmarker, according to an article published on startupticker.ch. He expects that the company will benefit from increased visibility and recognition due to the partnership with Renault.

A new financing round is now in the pipeline for SoFlow. With this, the company is seeking to secure growth in additional countries. Moreover, SoFlow is keen to expand its product range and marketing activities, while fresh capital will be invested in the development of an app and e-commerce platform.