Deal or Case news
18.09.2020 6 min read
NautaDutilh has together with Goodwin, assisted Norwest Venture Partners on the $40M Series B financing round of VanMoof, the category-defining Dutch e-bike brand. Felix Capital and Balderton Capital invested alongside Norwest Venture Partners.

The Series B investment brings VanMoof's total raised to $73 million, marking the next phase of hyper-growth for world’s fastest-growing e-bike brand.

The Series B funding will be used to meet the increased demand and shorten delivery times. Most importantly, a significant portion of the funding will go towards building a suite of rider service solutions, making best-in-class support one of VanMoof’s key pillars. “Our next frontier is to transform our business by building a full support ecosystem around every rider,” said co-founder Ties Carlier. This ecosystem includes a global mobile service network, more intuitive app support, smarter software with remote diagnostic solutions, and more proactive customer support.

Read the press release by Van Moof here.

Related articles

Cookie notification

This functionality uses third-party cookies. Change your cookie preferences to view this content or view more information.
These cookies ensure that the website works properly. These cookies cannot be disabled.
These cookies can be placed by third parties, such as YouTube or Vimeo.
By deactivating categories, it is possible that related functionalities within the website may no longer work properly. It is always possible to change your preferences at a later time. View more information.