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Levere, an American Spac dedicated to the mobility of the future in Europe

2021-05-03T18:14:02.456Z

Its ambition is to build an ecosystem associating public authorities with platforms and manufacturers.



In recent months, the Spacs (Special Purpose Acquisition Company) have sprouted like mushrooms on Wall Street.

These companies raise funds with the sole objective of making acquisitions.

One of them, Levere Holdings, raised $ 250 million from the Nasdaq last March to achieve over the next few months an acquisition of weight in mobility ... in Europe.

Europe is a great place to find engineers, talents… but it has a problem of access to capital.

With Levere, we are bringing American capital to Europe

”, exclaims Martin Varsavsky with his sense of the phrase.

Read also:

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This serial entrepreneur of Argentine origin had created two years ago, with the French Yasmine Fage, Goggo Network, a start-up dedicated to autonomous mobility.

This time, the two partners are thinking much bigger with this Spac.

They are aiming for an acquisition via a merger whose valuation could reach up to 3 billion euros in fields of activity ranging from

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Source: lefigaro

All business articles on 2021-05-03

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