Aampere raises €4.2 million to expand its used EV platform

Aampere has raised €4.2 million to expand its marketplace for used electric vehicles in Europe, less than a year after announcing a €1.6 million round. The Munich company is trying to build a transactional layer for second-hand EVs, a category where battery condition, pricing and cross-border demand make generic classifieds less useful.

Trind Ventures led the new round and had backed the company previously. Gimic also participated, with Aampere telling Tech Funding News that Gimic’s increased position accounted for €660,000 through a mix of a convertible loan agreement and equity. Vend Mobility, part of Vend Marketplaces, joined as a new minority investor. Vend Marketplaces owns classifieds brands including FINN.no, Blocket and Bilbasen.

Aampere said the financing values the company at more than €20 million, but did not disclose the precise figure, citing a confidentiality clause. Tech Funding News reported that German commercial register filings show 8,074 new shares issued in the round. Based on the €4.2 million raised and a new total of 41,146 shares, the filings point to a valuation above €20 million.

Second round in nine months

Aampere was founded in 2022 by Florian Reister, Niko Schmidt and Maximilian Rost after they graduated from Technische Universität München. Reister previously worked at sicher-autokaufen.de, a German used-car inspection platform, experience that is relevant to Aampere’s pitch around trust and vehicle condition in used EV transactions.

The company has not disclosed revenue, but said its revenue increased fourfold over the past 12 months. It also said it sells several thousand EVs annually and has more than 25 employees. Aampere said the new capital will be used to reach more sellers and enter additional European markets.

The short gap between rounds gives Aampere more capital at a higher claimed valuation, but the company has not provided the baseline behind its growth claim. Aampere told Tech Funding News that the October 2025 round was sized to build traction ahead of a larger follow-on, rather than to cover a funding shortfall.

How the marketplace works

Aampere’s product is built around a dealer auction model rather than a listing marketplace. Private and commercial sellers enter vehicle details through a digital condition and history process, receive pricing from what the company describes as a self-learning algorithm and then get a purchase offer within 48 hours through a Europe-wide dealer auction.

If the seller accepts, Aampere says it pays before collecting the car and arranges pickup from the seller’s home. That puts the company closer to Auto1’s transaction-heavy model than to classifieds platforms such as AutoScout24 or heycar.

Vend Mobility’s participation is notable because a general classifieds group is backing a more specialised transactional platform. That could support its existing C2B activity, or help it avoid losing sellers as used EV sales move toward dedicated infrastructure.

Used EV resale draws more startup capital

Aampere is not alone in targeting the used-EV resale market. Eccasion, founded by former Swapfiets executives Richard Burger and Martijn Obers, raised €3.2 million from Playfair VC and Rethink Ventures in April 2026.

The investor interest follows a shift in the German market. Germany’s Federal Motor Transport Authority, the KBA, reported that used-EV ownership transfers increased through 2025, with used-EV adoption outpacing new-car sales. That creates room for platforms focused on pricing, battery confidence and cross-border dealer liquidity, but Aampere still has to show that its volume and take-rate economics can scale beyond early growth.

This story draws on original reporting from TechFundingNews.