All Pon Group articles
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Article
Porsche Ventures invests in London-based bicycle insurance provider
Laka, a London-based bicycle insurance provider that announced a $12 million Series A round earlier this year, has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG, bringing the total round to $13.5 million. The Series A funding was initially led by Autotech Ventures, followed by ...
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Article
Pon Holdings acquires Dorel Sports
The Dutch Pon Group and Canadian conglomerate Dorel Industries Inc. officially announced on Oct. 11 that Pon.Bike (brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union, etc.) will acquire Dorel Sports (brands Cannondale, Caloi, GT, Mongoose, Schwinn, etc.). According to the two parties, this mammoth marriage will create “a leading ...
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News briefs
Dutch venture capital fund invests in Bikemap
For further growth in the areas of product development and scaling of its team, Austria-based Bikemap GmbH , with its worldwide bike route collection app Bikemap ( www.bikemap.net ), has raised fresh capital. This time, Dutch €140 million venture capital fund Ponooc stepped in with an undisclosed seven-figure sum. ...