Álex Márquez Fuels Up Investment in Momoven
Deal News | Apr 17, 2025 | Aim Group
Spanish motorcycle racer, Álex Márquez has invested an undisclosed sum in Momoven, a peer-to-peer motorcycle rental company based in Spain. Márquez will join as a partner and strategic investor, recognizing the potential of Momoven's business model. Founded in 2019, Momoven allows users to rent motorcycles for short or long-term use, and it boasts a network of over 5,000 motorcycles and nearly 100,000 users. The company recently opened autonomous rental hubs in Madrid and Barcelona. Although Momoven's latest crowdfunding campaign did not meet its minimum target, Márquez's investment may provide the necessary boost for future expansions.
Sectors
- Peer-to-Peer Services
- Automotive Rental Industry
- Motorsports
Geography
- Spain – The article focuses on a Spanish company, Momoven, and its new partnership with Spanish motorcycle racer Álex Márquez.
- Valencia Region – Momoven is based in Castellon, within the Valencia region, relevant to its operations and expansion.
Industry
- Peer-to-Peer Services – Momoven operates in the peer-to-peer service sector, facilitating motorcycle rentals between private individuals.
- Automotive Rental Industry – Momoven is part of this industry as it provides a platform for individuals to rent out motorcycles.
- Motorsports – Involvement of Álex Márquez, a professional motorcycle racer, ties this investment to the motorsports industry.
Financials
- 328,000 EUR – Amount committed in Momoven's recent crowdfunding campaign.
- 350,000 to 750,000 EUR – The targeted range for Momoven's recent crowdfunding campaign.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Álex Márquez | Investor, Partner, Strategic Investor | Person | A Spanish motorcycle racer investing in Momoven to become a strategic partner. |
| Momoven | Target Company | Company | A Spain-based peer-to-peer motorcycle rental company. |
| Pablo Carceller | Co-founder, CMO | Person | Co-founder and Chief Marketing Officer of Momoven. |
| David Berbel | Co-founder, CEO | Person | Co-founder and Chief Executive Officer of Momoven. |