Dynamo Taxis

Automative

Deal Type
Debt Finance

Initial Investment
July 2020

Sector
Industrials & Engineering

Fund
MEIF Maven Debt Finance

Status
Current

Dynamo specialises in the production of the electric version of London’s iconic black cab which featured the Nissan e-NV200. Dynamo taxis currently operate within Central London, which has a permanent Ultra-Low Emissions Zone (ULEZ), with charges in places for vehicles which do not meet the ULEZ’s emissions standards. The vehicle provides a charge relief for its drivers while helping to improve air quality.

Following the initial funding package supplied by MEIF Maven back in 2020, the business has scaled-up its production capacity and trained fifty new employees. Alongside this, Dynamo is one of a number of businesses that are contributing to a net-zero economy.

Dynamo Taxis

We are delighted to receive this funding package from MEIF Maven Debt Finance. We have been working on our product offering for several years and are looking forward to ramping up production and getting more zero emissions taxis out into the world.

Brendan O’Toole, CEO at Dynamo

Meet the lead executive(s)

Demetri Theofanou
Demetri Theofanou

Investment Manager

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