Tag Archives: Porsche

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 …

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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 …

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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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