Laka has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG. This brings its Series A, led by Autotech Ventures and followed by Ponooc, a Dutch sustainable mobility investor with close ties to Pon, and ABN AMRO, to $13.5 million. Laka said it will use the …
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Porsche has taken over Fazua, a manufacturer of light and compact drive systems for e-bikes. The Stuttgart-based sports car manufacturer has now acquired all of Fazua’s shares, after buying into the company with a 20% stake earlier this year. “In Fazua, we have found a strong partner with a great …
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Porsche is expanding its involvement in the e-bike market, acquiring 20% of the shares in e-bike drive systems manufacturer Fazua with an option to purchase further shares. Fazua, from Ottobrunn, near Munich, was founded in 2013 and is a pioneer in the development of lightweight, compact drive technologies. It established …
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