We’re proud to share that Growth Capital served as financial advisor to Blubrake in securing a €12 million round

The transaction has been co-led by Algebris Investments, an independent global asset manager, Fundracer B.V., a Dutch micro-mobility investment fund, and Tri Star Group, a bike components supplier based in Singapore.

Algebris Investments was advised by Deloitte Legal on due diligence, deal structuring, and negotiation.

Blubrake is a DeepTech company that develops cutting-edge anti-lock braking system (ABS) technology for e-bikes, enhancing safety and performance with seamless integration for original equipment manufacturers worldwide.

“We are thrilled to welcome Algebris, Fundracer B.V. and Tri-Star as investors in this new exciting chapter of Blubrake’s journey,” said Fabio Todeschini, Founder of Blubrake. “We believe ABS will soon be a standard in all new e-bikes, and this funding validates our vision and growth potential.”

Marco Meoni, Vice President at Growth Capital, added: “Blubrake’s distinctive technology and the founder’s strong entrepreneurial vision stand out in the industry. We are confident that the company will play a key role in setting new standards for safety and innovation in the new wave of e-bikes.”

This funding will enable the company to scale operations, expand production, and solidify its leadership in e-bike safety.