FAZUA GmbH, the development and distribution firm behind the evation e-bike motor, has successfully completed its Series B financing round Long-standing shareholders High-Tech Gründerfonds (HTGF), Bayern Kapital and five private investors as well as a new stakeholder, entrepreneur Rolf Nied, are providing the company with EUR 3 million in funding as part of a capital increase.
The financing will be used to set up production operations in Munich, deliver the first orders placed by renowned bicycle manufacturers and further strengthen the team. “We are delighted to have completed this investment round and strengthened FAZUA GmbH”, says Marcus Schlüter, managing director
The financing will be used to set up production operations in Munich, deliver the first orders placed by renowned bicycle manufacturers and further strengthen the team. “We are delighted to have completed this investment round and strengthened FAZUA GmbH”, says Marcus Schlüter, managing director
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