Tag Archive: vanmoof

  1. Reservations for the VanMoof V hit 10,000

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    Only three months after its announcement, VanMoof’s first ever hyperbike reaches significant milestone and reveals huge demand in a previously untapped mobility category.

    With the VanMoof V, VanMoof entered into the high-speed e-bike category, and the company has seen over 10,000 reservations for the bike since it was announced on October 12. This surge in demand represents over half of the total number of high-speed e-bikes on the road in the Netherlands and over 20% of total known speed bikes riding in Europe and is an incredible indication of public appetite for the as yet unreleased bike.

    Revealing just how keen their audience are for faster and more accessible ways to get around the city, the VanMoof V achieved its reservation milestone exclusively via a rider-first, invite-only approach. The company gave its own community of riders the chance to reserve the VanMoof V first. Germany is the leading market, accounting for a third of total reservations, with the US, and the Netherlands close behind.

    “Getting such a large number of reservations in such a short period of time shows the incredible public appetite for a true car replacement in our everyday city lives. With traffic levels now back up to pre-pandemic figures this mass turning point can’t come soon enough. We’re so excited at the fresh potential this bike represents. The V will upend the hierarchy of our roads.” Ties Carlier, Co-founder of VanMoof

    New V product developments

    Today, VanMoof is also revealing an exciting new feature of the V – an integrated handlebar phone mount. This will allow riders’ phones to be incorporated as a screen and dashboard and provide an intuitive visual reference for updates from the V’s onboard computer. With hardware and software design ongoing for over a year already, new product details will constantly be refined and developed ahead of the bike’s release – expected by the end of 2022.

    “Our lives, cities, and transport choices are evolving fast in the face of climate challenges. We believe that challenging automobile orthodoxy in our cities is absolutely necessary for a better future. People are speaking loud and clear and now we need cities to modernize policies and open up our streets to a more sustainable future.” Taco Carlier, Co-founder of VanMoof

    How to reserve the VanMoof V

    Currently in the engineering stage, the VanMoof V is available for general reservations from February 8 on vanmoof.com with first deliveries expected by the end of 2022. Reserving the VanMoof V for $20 means you can be one of the first to ride it when it’s ready for the roads. The VanMoof V is a new addition to VanMoof’s e-bike line-up and will sit alongside the popular S3 & X3 series. For more information on the VanMoof V, visit vanmoof.com/vanmoof-v.

  2. VanMoof raises $128m to make its high-tech e-bikes the new standard in cities worldwide

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    Leading e-bike brand, VanMoof, will invest funds into both their unique production and supply chain, and their consumer-first technology to engage millions more riders.

    • This is the largest ever Series C investment for a European e-bike brand and brings VanMoof’s total raised to $182 million (£132 million) in less than two years, making it the most funded e-bike company in the world.
    • The funding will be used to both expand production and reinvent the way in which hardware and software components are made, and make its high-quality, high-tech e-bikes more accessible to consumers.
    • VanMoof has grown its retail and service footprint from 8 to 50 locations worldwide over the last year, with sales of their e-bikes more than tripling in 2020.
    • Surge in demand shows the US is the fastest growth market for VanMoof, with the post-pandemic e-bike wave showing no sign of slowing down.
    • Global e-bike market is forecasted to be valued at around $48 billion by 2028, double the value it was predicted to reach before COVID-19.

    Amsterdam, September 1st, 2021 – Today, category-defining Dutch e-bike brand VanMoof, announced a $128 million Series C minority investment in a funding round led by Hillhouse Investment, an Asia-based private equity firm. These funds cement VanMoof as category leader and tipping point brand to drive worldwide e-bike adoption and help further its rapid global expansion. The company will use the funds to increase its production capabilities, continue the development of new technology, improve bike specs and reliability, and break down more barriers to cycling.

    Fresh commitment from investors

    Alongside Hillhouse Investment, the Series C funding includes commitments from Gillian Tans, former CEO of Booking.com, and existing investors Norwest Venture Partners, Felix Capital, Balderton Capital, and TriplePoint Capital.

    “We’re reinventing, redesigning, and re-engineering every component of the bicycle. It’s never been done before and will change how a bike is made, sold, and serviced forever. It will help us get 10 million people on our bikes in the next five years and our investors share in our vision of a smarter and cleaner mobility future.” Taco Carlier, Co-founder of VanMoof. 

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