{"id":43410,"date":"2021-03-16T18:50:24","date_gmt":"2021-03-16T16:50:24","guid":{"rendered":"https:\/\/newserver.fyb.de\/rebike-mobility-closes-e10-million-series-b-financing\/"},"modified":"2021-03-16T18:50:24","modified_gmt":"2021-03-16T16:50:24","slug":"rebike-mobility-closes-e10-million-series-b-financing","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/rebike-mobility-closes-e10-million-series-b-financing\/","title":{"rendered":"Rebike Mobility closes \u20ac10 million Series B financing"},"content":{"rendered":"<p>Munich \u2014 Munich-based Rebike Mobi\u00adlity GmbH, opera\u00adtor of two e\u2011bike plat\u00adforms, has successfully closed its Series B finan\u00adcing round.  <strong>BayBG Baye\u00adri\u00adsche Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft<\/strong> was invol\u00adved as lead inves\u00adtor. The exis\u00adting inves\u00adtors <strong>Vorwerk Ventures<\/strong> and <strong>STS Ventures<\/strong> also parti\u00adci\u00adpa\u00adted in the Series B round. The debt portion was arran\u00adged by Maturus Finance.<br>\nimage002.jpg<\/p>\n<p>With the fresh capi\u00adtal, the startup, which was foun\u00added in 2018 and more than doubled its annual reve\u00adnue again in 2020 to nearly \u20ac7 million, is further expan\u00adding its service and deve\u00adlo\u00adping its plat\u00adforms and e\u2011bike port\u00adfo\u00adlio. The company sells used premium e\u2011bikes in mint condi\u00adtion via the plat\u00adform www.rebike.de.<\/p>\n<p>Via the portal www.ebike.abo.de, the company rents out new brand-name e\u2011bikes or S\u2011pedelecs for three to 18 months.<\/p>\n<p>\u201cWith the eBike subscrip\u00adtion, we enable people to get on or switch to an e\u2011bike. Also our offer of cheap used e\u2011bikes on rebike.de meets the nerve of the time. As a result, our busi\u00adness has deve\u00adlo\u00adped very dyna\u00admi\u00adcally. Now is the right time to further expand our market posi\u00adtion and scale our busi\u00adness. With BayBG, we have gained another finan\u00adci\u00adally strong inves\u00adtor who will accom\u00adpany us in the long term,\u201d explain <strong>Rebike foun\u00adders Thomas Bernik and Sven Erger (photo)<\/strong>.<\/p>\n<p>\u201cWe see enorm\u00adous poten\u00adtial in the company, the market and the product,\u201d says Otto Hopf\u00adner, Senior Invest\u00adment Mana\u00adger at <strong>BayBG<\/strong>, describ\u00ading the reasons for the invest\u00adment. \u201cThe facts speak for them\u00adsel\u00adves. Accor\u00adding to the German Bicy\u00adcle Indus\u00adtry Asso\u00adcia\u00adtion (ZIV), nearly two million elec\u00adtric bicy\u00adcles were sold in 2020, 43.4 percent more than in the previous year. E\u2011bikes are the means of trans\u00adpor\u00adta\u00adtion of the moment, as more and more people want to get around sustain\u00adably and healt\u00adhily. We are very much looking forward to shaping tomor\u00adro\u00adw\u2019s mobi\u00adlity toge\u00adther with Rebike and making e\u2011bikes available to everyone.\u201d<\/p>\n<p>Dirk Meurer, Mana\u00adging Part\u00adner of <strong>Vorwerk Ventures<\/strong>, also sees his invest\u00adment confirmed: \u201cRebike Mobi\u00adlity has been able to conti\u00adnuously and very successfully build up and expand its busi\u00adness since it was foun\u00added just over two years ago. An outstan\u00adding perfor\u00admance by the entire team, which impres\u00adsi\u00advely proves that Rebike is on the right track with its corpo\u00adrate stra\u00adtegy. We conti\u00adnue to see strong poten\u00adtial and are ther\u00ade\u00adfore happy to be part of the Series B&nbsp;round.\u201d<\/p>\n<p><strong>About Rebike Mobi\u00adlity&nbsp;GmbH<\/strong><\/p>\n<p>Rebike Mobi\u00adlity GmbH, Munich is an e\u2011mobility startup foun\u00added in 2018. The inno\u00adva\u00adtive busi\u00adness model offers the right solu\u00adtion for every need: used, as-new premium eBikes (www.rebike1.de) at a reasonable price, an attrac\u00adtive eBike subscrip\u00adtion model (www.ebike-abo.de) and eBike rental stati\u00adons (www.rebike-verleih.de) in popu\u00adlar vaca\u00adtion regi\u00adons. The product port\u00adfo\u00adlio exclu\u00adsi\u00advely includes e\u2011bikes and S\u2011pedelecs from leading brand manu\u00adfac\u00adtu\u00adr\u00aders. The company\u2019s own value chain means that the life cycle of each indi\u00advi\u00addual e\u2011bike can be signi\u00adfi\u00adcantly exten\u00added, making an important contri\u00adbu\u00adtion to climate protec\u00adtion. Foun\u00adders and mana\u00adging direc\u00adtors are Sven Erger, long-time moun\u00adtain biker and connois\u00adseur of the bike scene, and Thomas Bernik, successful serial entre\u00adpre\u00adneur. www.rebike.de.<\/p>\n<p><strong>About BayBG Venture Capital<br>\n<\/strong><br>\nWith its venture capi\u00adtal team, BayBG Baye\u00adri\u00adsche Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft mbH, Munich (BayBG), invests in Series A finan\u00adcing rounds and later in tech start-ups. Curr\u00adently, the venture capi\u00adtal port\u00adfo\u00adlio consists of over 30 tech\u00adno\u00adlogy compa\u00adnies. With an inves\u00adted volume of 310 million euros, BayBG is one of the largest invest\u00adment compa\u00adnies in Germany. In addi\u00adtion to venture capi\u00adtal for start-ups, BayBG offers medium-sized compa\u00adnies equity capi\u00adtal (equity and \/ or mezza\u00adnine) across all company phases and finan\u00adcing occa\u00adsi\u00adons. BayBG thus enables the imple\u00admen\u00adta\u00adtion of inno\u00adva\u00adtion and growth projects, the opti\u00admiza\u00adtion of the capi\u00adtal struc\u00adture or the regu\u00adla\u00adtion of company successions.<\/p>\n<p><strong>Advi\u00adsor BayBG: LUTZ | ABEL Rechts\u00adan\u00adwalts PartG&nbsp;mbB<\/strong><br>\nThe consul\u00adting team around <strong>Jan-Phil\u00adlip Kunz<\/strong>, LL.M. (lead manage\u00adment) consis\u00adted of Dr. Bern\u00adhard Noreisch, LL.M. (both VC \/ M&amp;A, Munich), Dr. Corne\u00adlius Renner (IT Law and Data Protec\u00adtion, Berlin), Clau\u00addia Knuth and Xenia Verspohl (both Labor Law, Berlin), Ute Schenn and Nina There\u00adsia Mutsch\u00adler (both Commer\u00adcial, Stutt\u00adgart) and Katha\u00adrina Kend\u00adziur (Regu\u00adla\u00adtory, Munich).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich \u2014 Munich-based Rebike Mobi\u00adlity GmbH, opera\u00adtor of two e\u2011bike plat\u00adforms, has successfully closed its Series B finan\u00adcing round. BayBG Baye\u00adri\u00adsche Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft was invol\u00adved as lead inves\u00adtor. The exis\u00adting inves\u00adtors Vorwerk Ventures and STS Ventures also parti\u00adci\u00adpa\u00adted in the Series B round. The debt portion was arran\u00adged by Maturus Finance. image002.jpg With the fresh capital,&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37000,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-43410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rebike Mobility closes \u20ac10 million Series B financing - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/rebike-mobility-closes-e10-million-series-b-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rebike Mobility closes \u20ac10 million Series B financing - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich \u2014 Munich-based Rebike Mobi\u00adlity GmbH, opera\u00adtor of two e\u2011bike plat\u00adforms, has successfully closed its Series B finan\u00adcing round. BayBG Baye\u00adri\u00adsche Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft was invol\u00adved as lead inves\u00adtor. The exis\u00adting inves\u00adtors Vorwerk Ventures and STS Ventures also parti\u00adci\u00adpa\u00adted in the Series B round. 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