Classified raises 22M Euros in funding, expands into e-bike market

Classified now backed by Active Partners, the investors behind Rapha and Evans Cycles

The Classified Powershift thru axle transmitter
(Image credit: Classified Powershift)

Classified Powershift Technology really appears to be hitting its stride after today announcing that it has raised an impressive 22 million euros in funding, led by Active Partners, who are also the investors behind Rapha and Evans Cycles. 

After eight years of development, Classified debuted its front-derailleur-killing Powershift system at Eurobike in 2021, where it won the Gold Award for design and innovation. And it's only being going up from there. We were instantly impressed when we got to use the Classified Powershift hub on the road.

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