VanMoof raises $13.5M to capitalize on e-bike boom in wake of COVID-19
https://techcrunch.com/2020/05/12/vanmoof-raises-13-5m-to-capitalize-on-e-bike-boom-in-wake-of-covid-19/
VanMoof, the Dutch e-bike startup which launched in 2009, is now officially a “scale-up” after attracting a €12.5M / $13.5M investment from London VC Balderton Capital and SINBON Electronics, the Taiwan-based electronics manufacturer which is its bike assembly partner.
The funds will be used for international expansion, following the launch of the new electric VanMoof S3 and X3 bikes.
