Virvolt

Virvolt, based in France, specializes in electric bike conversion kits that enhance traditional bicycles with durable, French-made motor systems, promoting an eco-friendly cycling experience. Founded in 2019 and headquartered in Paris, France, Virvolt is dedicated to the production of electric bike conversion kits. The company completed its most recent funding round in April 2026, raising EUR 3 million led by CoopVenture, with participation from Afrimobility and ADEME Investissement. Virvolt has completed a total of 1 deal to date, focusing on enhancing the accessibility of electric mobility solutions in Europe.

Virvolt specializes in the production of electric bike (e-bike) conversion kits, incorporating robust French-made motor systems designed for durability and long-term use. Their primary offerings include various kits that can be integrated into traditional bicycles, allowing users to transition to electric cycling effectively. These systems are engineered for ease of repair and maintenance, aligning with the company's commitment to sustainability and longevity. Virvolt's products are targeted at both individual cyclists looking to electrify their existing bikes and professional cycle retailers who can distribute these solutions.

The company operates primarily within European markets, serving a diverse clientele that encompasses passionate cyclists, bike shops, and repair workshops committed to offering high-quality electric cycling solutions. Virvolt generates revenue through direct sales of its electric bike conversion kits, which are available through a network of approved retailers and partners across Europe. The company's business model emphasizes collaboration with professional cycle shops, enabling these retailers to offer Virvolt's products alongside their existing inventory. Transactions occur primarily on a B2B basis, with retailers purchasing kits in bulk to resell to end customers.

Individual products feature a pricing structure that reflects their advanced engineering and durability, particularly highlighting their flagship motor systems, which are designed and manufactured in France. The revenue framework is supported by a commitment to provide ongoing support and service through a certified network, ensuring both customer satisfaction and product longevity. In April 2026, Virvolt raised EUR 3 million in venture funding, with plans to use the capital for the industrialization of its electric bike motors in France, relocation of production, and expansion of its European network of partner workshops. The company aims to enhance its product offerings and improve market reach in the European cycling sector.