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Riversimple logo — Radically different hydrogen electric cars. Circular busines...

Riversimple

Radically different hydrogen electric cars. Circular business model.

Founded 2015 United Kingdom Llandrindod Wells, United Kingdom 19 employees Equity Crowdfunding Design, ESG +3

General Information

Company Name Riversimple
Founded Year 2015
Location United Kingdom Llandrindod Wells, United Kingdom +1
Founders / Decision Makers
Team member
Employees 19
Industries Design, ESG, Industrial +2
Funding Stage Equity Crowdfunding
Social

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About Riversimple

Riversimple is a UK-based startup that aims to revolutionize the automotive industry with its radically different approach to hydrogen electric cars and a circular business model. Founded in 2015, the company is driven by the formal Purpose Statement of pursuing the elimination of the environmental impact of personal transport, rather than just reduction. Riversimple's focus on hydrogen fuel cell technology aligns with its commitment to sustainability. The company's lightweight, carbon-fiber chassis cars offer maximum energy efficiency and a refueling time of under five minutes, addressing concerns related to battery-dependent electric vehicles. Riversimple's innovative approach also extends to its business model, offering cars through an all-inclusive subscription service. The company's regional manufacturing model, with plans for small modular plants, not only contributes to regional engineering skills and community benefits but also has global potential. Moreover, Riversimple is actively engaged in advancing next-generation, multi-functional, and recyclable composites through its involvement in the Repoxyble consortium, showcasing dedication to long-term sustainability. The startup's commitment to balancing and protecting benefits for the Environment, Customers, Community, Staff, Investors, and Commercial Partners is evident through its unique Future Guardian® governance framework. This aligns with the company's focus on efficiency, sustainability, and longevity, with a deliberate removal of inbuilt obsolescence from its business model. Most recently, Riversimple received Equity Crowdfunding investment on 30 January 2023, attracting interest from investors in furthering the company's innovative vision for the future of transportation.

Taxonomy: Hydrogen fuel cell technology, Circular economy principles, Mobility solutions, Sustainable transportation, Carbon-fibre chassis technology, Subscription-based service model, Regional manufacturing, Sustainable materials innovation, Efficient energy usage, Circular business model, Longevity-focused design, Future Guardian governance, Disruptive automotive technology, Sustainability-focused business model, Environmental impact reduction

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Equity Crowdfunding •••••• - 30 Jan 2023
Equity Crowdfunding •••••• - 10 Jun 2021
Equity Crowdfunding •••••• - 21 May 2020
Equity Crowdfunding •••••• - 16 Jul 2019
Equity Crowdfunding •••••• - 05 Mar 2018

View All 6 Funding Rounds

Riversimple Alternatives & Competitors

Riversimple vs
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FAQ About Riversimple

Radically different hydrogen electric cars. Circular business model.
Riversimple was founded in 2015.
Riversimple is headquartered in Llandrindod Wells, United Kingdom.
Riversimple operates in the following industries: Design, ESG, Industrial, Sustainability, Automotive.
Riversimple has approximately 19 employees.
Riversimple has completed 6 funding rounds. The latest funding stage is Equity Crowdfunding.
Top alternatives and competitors to Riversimple include Motorenn, American Hydro, Southern Hobby Distribution, LLC, Back Market, Suretys. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Riversimple and Motorenn are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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