What is VanMoof?
Founded in 2009 and headquartered in Amsterdam, VanMoof operates as a fully integrated end-to-end company, overseeing every aspect from design and production to sales and after-service for its globally distributed e-bikes. The company has established itself as a key figure in the burgeoning e-bike sector, aiming to revolutionize city transportation through its innovative approach to bicycle manufacturing and user experience. VanMoof's commitment to owning its value chain allows for meticulous quality control and a cohesive brand vision.
How much funding has VanMoof raised?
VanMoof has raised a total of $199.3M across 6 funding rounds:
Unspecified
$4.7M
Other Financing Round
$3M
Multiple Rounds
$63.7M
Series C
$128M
Unspecified (2017): $4.7M with participation from Slingshot Capital
Other Financing Round (2019): $3M, investors not publicly disclosed
Other Financing Round (2020): $10.1M supported by Balderton Capital
Other Financing Round (2020): $13.6M featuring SINBON Electronics Co. Ltd and Balderton Capital LLP
Series B (2020): $40M backed by Balderton, Norwest Venture Partners, and Felix Capital
Series C (2021): $128M with participation from Felix Capital, Norwest Venture Partners, TriplePoint Capital, Hillhouse Investment & Development, and Balderton Capital
Key Investors in VanMoof
Balderton Capital
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, often leading Seed and Series A rounds to support founders through global scaling and exits.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm founded in 1961, with headquarters in Palo Alto, California, and offices in India and Israel.
Felix Capital
Felix Capital is a venture capital firm focused on the intersection of technology and creativity, supporting entrepreneurs with innovative ideas to develop strong brands that enhance the human experience.
What's next for VanMoof?
The recent major strategic investment signals a new phase of expansion and development for VanMoof. This capital infusion is expected to fuel further innovation in e-bike technology, enhance global distribution networks, and bolster after-service capabilities. As VanMoof continues to scale, its focus on end-to-end integration will likely remain a core differentiator, positioning the company for sustained leadership in the evolving landscape of urban mobility solutions.
See full VanMoof company page
