VanMoof gives riders unique opportunity to become investors
Bike-meets-tech brand VanMoof starts crowdfunding campaign
AMSTERDAM, Tuesday October 10 2017 – Today VanMoof kicked off a capital crowdfunding campaign to give its enthusiastic riders the opportunity to share in its international growth. This comes hot on the heels of the first external investment in VanMoof; a € 4M investment last month from Slingshot. The investment combination will enable VanMoof to stay ahead of the competition by fast-tracking its bike development, and to rapidly expand into new countries. VanMoof plans to open new flagship Stores launches in Paris, London, Copenhagen and San Francisco as soon as Spring 2018.
VanMoof co-founder and CEO Taco Carlier: “For this first investment round we needed € 5M to fuel our global growth ambitions. VanMoof’s success is thanks to its fanatic riders, so naturally we wanted them first in line to become shareholders. They also benefit from the thorough due diligence of Slingshot, which makes this a very unique opportunity.” Over the past week VanMoof riders have been given the exclusive opportunity to invest from €250, with over €500.000 already pledged. Now the campaign is open to the public.
The campaign remains open until November 13 and aims at collecting € 1.0 million, with an upper limit of € 2.5 million. The campaign can be found at opc.to/2vanmoof
In 2009, Dutch brothers Taco and Ties Carlier founded VanMoof with a mission of reimagining how a bike should work in the cities of tomorrow. The company’s innovative city bikes are designed to help riders turn the tables on cities all over the world – they always arrive at their destination faster, fitter, happier and in style. VanMoof has Brandstores in Amsterdam, Berlin, Brooklyn, Taipei and Tokyo, and sells online all over the world. The functional design won many international awards, such as the EUROBIKE award, RED DOT design award and Fast Company Innovation By Design award. For the latest information on VanMoof, visit VanMoof.com and follow us on Twitter and Facebook.