VanMoof gets $128m in series C

Sep 2, 2021 •

Sinbon Electronics-backed VanMoof has accumulated $182m of total funding following a series C round.

VanMoof, a Netherlands-based electric bike producer backed by electronics manufacturer Sinbon Electronics, has received $128m in a series C round led by private equity firm Hillhouse Investment.

The round also featured investment firm Norwest Venture Partners, venture finance firm TriplePoint Capital, VC firms Felix Capital and Balderton Capital as well as individual investor Gillian Tans.

Founded in 2009, VanMoof markets a range of electric bikes made with customised parts and equipped with GPS and smart connectivity.

VanMoof will use the…

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