E-Bike Drive Maker Fazua Gets Financial Boost

MUNICH, Germany - Fazua GmbH, a Munich-based company founded in 2013 and provider of drive systems for e-bikes has recently received USD 8 million (€ 6.8m) in a new financing round. Venture Capital Partners (UVC Partners) leads the round with participation from existing investors Bayern Kapital and others.
Fazua’s battery and motor allows for invisible integration in down tube. – Photo Fazua