VanMoof, the Dutch e-bike meets tech scale-up, announced a total USD 13.5 million investment from one of Europe’s leading venture capital firms Balderton Capital and assembly partner SINBON Electronics. AKD advised VanMoof on the tax aspects of this investment. The funds will support the brand’s international expansion as it scales up to meet increased demand. The funding by Balderton and SINBON comes after a series of record-breaking crowdfunding rounds and marks the largest investment VanMoof has received to date.

VanMoof’s 10-year innovation legacy has earned its reputation as one of the most disruptive brands in the international bike industry. The investment round enables VanMoof to further capitalize on its position as a leader of the e-mobility industry.

Lead partners AKD: Robert Jean Kloprogge and Hans Galavazi.