# VanMoof

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vanmoof-b-v

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Amsterdam, Netherlands
- Website: www.vanmoof.com
- Total disclosed funding: $171M
- Latest round: Series C (Sep 1, 2021)
- Investors on record: 6

## About

Founded in 2008 and based in Amsterdam, Netherlands, VanMoof B.V. manufactures and distributes technology-based electric bicycles. The company was co-founded by Taco Carlier and Ties Carlier, and operates in Tokyo, Berlin, San Francisco, London, Paris, and Taipei. In August 2021, the company received EUR 108 million in Series C funding from Gillian Tans, Norwest Venture Partners, Felix Capital, Balderton Capital, and TriplePoint Capital.

VanMoof B.V. offers urban e-bikes such as VanMoof S3 and VanMoof X3 intended to help commuters get to work without breaking a sweat. The company also offers accessories used for e-bikes such as carriers, locks, chargers, storage, child seats, handlebars, kickstands, lights, saddle, and parts.

The company's revenue is generated from operating as manufacturing of e-bikes that are available online.

VanMoof B.V. will use the August 2021 funding to increase its production capabilities, continue the development of new technology, improve bike specs and reliability, and break down more barriers to cycling.

## Funding rounds

- Series C, Sep 1, 2021, $128M — Norwest Venture Partners, Balderton Capital, TriplePoint Capital, Hillhouse Investment, Felix Capital
- Series B, Sep 16, 2020, $39M — Norwest Venture Partners, Balderton Capital, Felix Capital
- Series A, Jul 31, 2017, $4.8M — Slingshot Ventures

## Investors

- Slingshot Ventures (https://capitalatlas.ai/funds/slingshot-ventures) — Series A
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B, Series C
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series C
- Felix Capital (https://capitalatlas.ai/funds/felix-capital) — Series B, Series C
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C