VanMoof attracts 12.5 million euro investment on back of e-bike success

AMSTERDAM, the Netherlands – Dutch e-bike producer, VanMoof, has secured a 12.5 million euro investment from one of Europe’s leading venture capital firms 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 successful launch of the new electric VanMoof S3 and X3 bikes.