Seller: | VanMoof |
Target: | VanMoof |
Advisors seller: | AKD, Florent |
Buyer: | Balderton Capital, SINBON Electronics |
Advisors buyer: | Kennedy Van der Laan |
Date announced: | 2020-05-13 |
Story (from press release):
Balderton Capital, a UK-based venture capital firm, and SINBON Electronics, a Taiwan-based provider of integrated design and production services for electronic components, have invested €12.5 million in VanMoof, the Dutch e-bike meets tech scale-up. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch the new electric VanMoof S3 & X3 bikes.
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