Tuvalum is a startup based in Spain, founded in 2015, that aims to revolutionize the pre-owned bicycle market in Europe. The company's slogan "Buy a quality pre-owned bike online and get it delivered right to your doorsteps supremely certified" reflects its commitment to convenience and quality. Positioned as the largest and most trusted resource for buying and selling pre-owned bicycles, Tuvalum emphasizes an environmentally conscious approach to cycling. The company's dedication to sustainability is evident in its meticulous process, where all bikes are inspected, serviced, and tested by expert mechanics. This attention to detail ensures that customers receive their bikes in top condition, fostering trust and satisfaction. Tuvalum's recent Series A investment of €3.00M on 07 November 2022 attracted notable investors including Athos Capital, DARUAN Venture Capital SCR., Joshua Novick, Demium, and Andreas Mihalovits. With a robust infrastructure and a focus on delivering a seamless customer experience, Tuvalum is poised to make a significant impact in the E-Commerce, Marketplaces, and Sports industries. The company's multi-country presence further amplifies its potential market reach and underscores its ambition to be a dominant player in the European biking market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | €3.00M | 5 | Joshua Novick, Demium +1 | 07 Nov 2022 |
Debt Financing | €1.10M | 1 | Valencia Institute of Finance | 10 May 2022 |
Non Equity Assistance | Unknown | 1 | Google for Startups | 15 Feb 2021 |
Seed Round | Unknown | 1 | Joshua Novick | 15 Nov 2020 |
Seed Round | €257.00K | 2 | Victor Lobo | 21 Nov 2018 |
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