Aampere raises €4.2M to scale its pan-European used EV resale platform

Aampere, a Munich-based platform for used electric vehicle resale founded in 2023 by Florian Reister (CEO), Niko Schmidt (CGO), and Maximilian Rost (CPO), has raised €4.2 million in a round led by Trind Ventures (a repeat backer — the Estonian VC also led Aampere's previous €1.6 million round in October 2025) and Vend Marketplaces ASA, the parent company of Nordic classified platforms FINN.no, Blocket, and Bilbasen. G-FUND and GIMIC also participated, with GIMIC increasing its existing stake.

The platform allows individual sellers to list their used EV and receive a binding purchase offer within 48 hours, without negotiation or buyer uncertainty. The vehicle then enters a pan-European dealer auction, where Aampere's self-learning pricing algorithm determines reserve prices based on market data, condition, and battery health. The company currently sells several thousand EVs annually and has grown revenue approximately four times year-on-year over the past twelve months, with a 25-person team in Munich.

The used EV pricing problem

The secondary market for electric vehicles presents a structural valuation challenge that combustion car classifieds don't face at the same scale. Battery degradation is non-linear, varies with charging behaviour and usage profile, and is not yet legible to most individual sellers. The information gap between a private seller estimating residual value and a dealer with access to battery health data and auction comps creates the spread that platforms like Aampere aim to collapse.

The 48-hour binding offer removes the most friction-heavy part of the process for sellers: uncertainty about whether a deal closes, and at what price. The auction model then monetises that certainty by aggregating dealer demand across multiple markets simultaneously, which should theoretically produce better clearance prices than bilateral negotiation.

"With fresh capital and strong new partners by our side, we're accelerating our expansion and further building our position in the European market," said Florian Reister, CEO.

What Vend Marketplaces brings

The Vend Marketplaces ASA participation is not passive capital. Vend operates FINN.no (Norway), Blocket (Sweden), and Bilbasen (Denmark) — three of the highest-traffic automotive classified platforms in the Nordic market. As a strategic investor, Vend represents a potential distribution layer for Aampere's dealer auction network and cross-market inventory sourcing across a geographic corridor where EV penetration is among the highest in Europe.

Taavi Lepmets, Partner at Trind Ventures, noted that "Flo, Maxi and Niko have delivered exceptionally in a short time — with around 4x growth over the past year and a customer experience that keeps getting better for sellers and buyers alike." This is Trind's second consecutive investment in the company; follow-on from a specialist mobility VC in a market this early is a substantive vote of confidence in the unit economics rather than just the narrative.

The €4.2 million funds new acquisition channels, partnership development, and geographic expansion into additional European markets. What the round doesn't yet show: whether the margin structure holds at scale, and whether the Vend relationship converts from strategic alignment into deep platform integration.