High-Tech Gründerfonds (HTGF) and Bayern Kapital have led a syndicate of five private investors and entrepreneur Rolf Nied in a €3m series-B for Fazua, a developer of electric motors for bicycles.
Deal will enable the online booking platform to expand its operations team and prepare for a US launch
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of €100-300m
GP buys a 70% stake in insurance business Groupe Premium, investing alongside management
Company will use the fresh capital to support the launch of its new Atlas motorcycle helmet