Laka has launched in Germany following new funding from Porsche Ventures, the venture capital unit of Porsche AG. German launch partner, Porsche Digital’s brand Cyklaer, has teamed up with the Insurtech to offer integrated digital insurance products. Laka’s founder and CEO Tobias Taupitz, said: “I’m excited to go back to …
Read More »Porsche eBike Performance to develop electric drive systems for two-wheelers
Porsche eBike Performance GmbH, based in Ottobrunn near Munich, is to develop electric drive systems for two-wheelers. These include motors, batteries and the necessary software architecture for connectivity solutions. Stuttgart-based P2 eBike GmbH, powered by Porsche, intends to use these drive systems to launch a new generation of Porsche e-bikes …
Read More »Bicycle insurance company Laka receives investment from Porsche Ventures
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 …
Read More »Porsche takes over e-bike drive systems manufacturer Fazua
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 …
Read More »Porsche acquires stake in e-bike drive systems manufacturer Fazua, plans joint ventures with Ponooc
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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