Redalpine et al. back €6m round for Enway

The round also drew investment from Berlin Technologie Holding and Moving Capital, a group of business angels. Existing investors Atlantic Labs and B10 also participated in the round.

Enway will use the funding to bring its first autonomous street sweeper Blitz One to market. From Q1 2020, the company's street cleaners will be used in Singapore, in partnership with Nanyang Technological University.

Swiss venture capital firm Redalpine held a final close for Redalpine Capital IV in March. The fund writes equity cheques of €300,000-3m per investment and invests a maximum of €10m per company.

Previous funding
Atlantic Labs and B10 invested around €1-5m in the group's 2017 round, as reported by Unquote.

Company
Enway was founded in 2017 in Berlin. It has 29 employees, according to LinkedIn. Enway produces software for autonomous street-cleaning vehicles.

People
Enway – Julian Nordt, Bo Chen, Thanuja Ambegoda (co-founders).

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