Porsche Ventures invests in bicycle insurance disruptor Laka

LONDON, UK – To facilitate its European expansion, insurance company Laka has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG. This brings its Series A, led by Autotech Ventures and by Ponooc, who has close ties to Pon, and ABN AMRO, to €12.7 million.
Laka plans to expand its product offering to e-scooters, e-mopeds and, eventually, e-cars. – Photo Laka