ASKA BIKE rides in €1.3 million to anchor speed pedelec production in Belgium

The startup is producing sustainable top-end speed pedelecs, based on a fully European supply chain
ASKA BIKE rides in €1.3 million to anchor speed pedelec production in Belgium

Belgian e-bike producer ÅSKA BIKE has raised €1.3 million funding to roll out its bicycles in May. The round saw the participation of Participatiemaatschappij Vlaanderen (PMV), Bob Verbeeck (Golazo), Steven Buyse (CVC Capital Partners), Xavier Dewulf (G&V Energy Group), Stefan Tournoy (Veepee) and Mark De Smedt (Plan International). 

The company is producing sustainable top-end speed pedelecs, based on a fully European supply chain.

According to Jobat's mobility report, an employee commutes on average 23 kilometres to work and takes about 41 minutes, good for an average speed of 36 km/h (in Antwerp only 32 km/h). Currently, 67% of that work process is done by car. Since the speed pedelec is an alternative that is at least as fast for journeys of up to 30 kilometres, every motorist is a potential cyclist.

Also, working from home has made employees think about the e-bike option as a cheaper alternative to the car, which is largely stationary now. Attempting to solve this problem, the Belgian company looks at locally produced pedelecs to offer a fully-fledged and comfortable alternative to cars. The speed pedelec is also more energy-efficient compared to public transport.

Filip Dehing, CEO, ÅSKA said: “We want to make commuting the best part of your day. The shift in mobility offers opportunities to make commuting a much better experience than what it is today. That is exactly what we achieve with ÅSKA BIKE.”

ASKA is also exclusively using Belgian and European components, for both sustainability and quality considerations.

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