# Fazua

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fazua

- Industry: Retail
- Headquarters: Munich, Germany
- Website: www.fazua.com
- Total disclosed funding: $3.2M
- Latest round: Series B (Jan 4, 2017)
- Investors on record: 3

## About

Fazua GmbH is a Munich-based company that designs and manufactures innovative drive systems for e-bikes, focusing on lightweight construction and user-friendly integration to enhance the cycling experience.Founded in 2013 in Munich, Germany, Fazua GmbH specializes in developing drive systems for e-bikes. The company has undergone strategic pivots, including a recent acquisition by Porsche AG in February 2022. Fazua has completed 7 deals, with the latest funding round being VENTURE DEBT, raising EUR 12.00 mn from the European Investment Bank, adding to a total of EUR 3.00 mn raised to date.Fazua excels in creating advanced drive systems specifically for e-bikes, including the RIDE 60 and RIDE 50 models. These systems are engineered for a natural riding experience, combining compact design, lightweight materials, and quiet operation to support cyclists across diverse terrains. Their products target a broad market, appealing to avid cyclists, outdoor enthusiasts, and urban commuters looking for efficient mobility solutions, and are marketed across Europe and North America.In 2023, Fazua generated revenue of EUR 48,373,445.20, with an EBITDA of EUR -30,046,978.90. The company primarily earns revenue through direct sales to bicycle manufacturers and partnerships with retailers, integrating their drive systems into various e-bike models, particularly driving sales through their flagship products, RIDE 60 and RIDE 50.Fazua plans to leverage its recent VENTURE DEBT funding of EUR 12.00 mn to support future product development and market expansion. The company is designing new drive systems aimed at enhancing performance and efficiency, with plans to enter additional geographic markets beyond Europe and North America. Following its acquisition by Porsche AG, Fazua is poised to accelerate growth initiatives, although specific product launch dates and target regions for expansion have not been disclosed.

## Funding rounds

- Series B, Jan 4, 2017, $3.2M — High-Tech Gruenderfonds, Bayern Kapital, Go Venture Capital
- Series A, Apr 30, 2015 — High-Tech Gruenderfonds, Bayern Kapital
- Seed, Feb 21, 2014 — High-Tech Gruenderfonds, Bayern Kapital

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A, Series B
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed, Series A, Series B
- Go Venture Capital (https://capitalatlas.ai/funds/go-venture-capital) — Series B