VanMoof raises $128 million in a Series C funding round led by Hillhouse Investment to accelerate its growth and establish itself as the world's leading e-bike brand.
Target Information
VanMoof, an Amsterdam-based startup, has successfully raised $128 million in its latest Series C funding round. Renowned for designing and selling premium electric bicycles, VanMoof aims to position itself as the world's leading e-bike brand. With a focus on innovative designs and advanced technologies, the company has gained notable popularity in various markets, especially among urban commuters.
The current lineup includes models such as the S3 and X3, which offer cutting-edge features including an electronic gear shifting system, built-in GPS tracking, and cellular connectivity. The distinct triangular frame and integrated smart features set VanMoof apart from conventional e-bike manufacturers, reinforcing its commitment to enhancing the customer experience.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Netherlands
The Netherlands, widely regarded as a cycling nation, offers a fertile ground for the growth of e-bikes. Recent years have seen a significant increase in the adoption of electric bicycles, dr
Similar Deals
Hillhouse Investment
invested in
VanMoof
in 2021
in a Other deal
Disclosed details
Transaction Size: $128M