Ahooga raises €5.5 million to grow global business and folding bike platform

October 8, 2025

Belgian compact bike specialist Ahooga has secured €5.5 million for international expansion and engineering innovation.

The funding includes €3.5 million in equity and €2 million in debt financing, and will be used to expand Ahooga’s dealer network, boost brand awareness and prepare for entry into new markets. The company will also invest in working capital and the further development of Max, its patented folding bike platform launched in early 2024.

Max features a patented “double triangle” frame that preserves structural integrity when folded, eliminating the ride comfort compromises usually associated with compact bikes. The bike also arrives fully assembled, requires minimal floor space and appeals to urban riders looking for a premium product. CIN