E-bike maker VanMoof raises $40m

VanMoof raises the Series B round from Norwest Venture Partners, Felix Capital and Balderton Capital. The Amsterdam company has now raised $73m.

Amsterdam-based VanMoof, a maker of commuter e-bikes, has raised $40 million in Series B funding to help power its international expansion. Participating in the funding round are Norwest Venture Partners, Felix Capital and Balderton Capital. The company has now raised $73 million in total capital.

Source: Norwest Venture Partners blog post