VanMoof is set to expand its physical presence from eight to 50 cities as part of its core global strategy. The global rollout will see the brand open a network of service hubs and certified partner workshops over the next six months. VanMoof said it is making service its ‘number …
Read More »VanMoof raises $40 million in Series B funding, reports 220% global revenue growth
VanMoof has raised $40 million in Series B funding, bolstering the brand for further global expansion. The investment, from Norwest Venture Partners, Felix Capital and Balderton Capital, comes after $13.5 million in funding earlier this year. It brings VanMoof’s total raised to $73 million. The brand has also reported a …
Read More »VanMoof attracts £11 million investment from Balderton and SINBON
VanMoof has confirmed an £11 million investment from venture capital firm Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch of the new electric VanMoof S3 and X3 bikes. “It’s a …
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