PRIVATE night train operator European Sleeper has launched a new funding round by issuing €1m in shares.
The latest funding round, which follows a successful previous round that concluded last month and raised €3m, is divided into two tranches of €500,000. Retail investors are able to become co-owners from €160, with the total number of shareholders currently standing at around 6000.
The funding will support European Sleeper’s plans to add later this year two new services to its existing Brussels - Amsterdam - Berlin - Prague route, with revenue projected to triple that recorded in 2025.
The Prague service is expected to reach operational profitability this year. The company’s growth strategy is based on delivering an overall positive result from 2028, as additional routes create generate more revenue and enable overheads to be spread across a broader network.
European Sleeper plans to start running its second route, between Paris and Berlin, in March, while a service from Amsterdam and Brussels to Switzerland and Milan, originally due to start running in October, could now be brought forward to operate from this summer.
“This new share funding round enables us to strengthen our network, bring back key connections, and build the night trains that Europe urgently needs,” says Chris Engelsman, co-founder of European Sleeper.
