BBVA supports roadsurfer with 25 million euros in venture capital

For the first time, BBVA is acting as a venture capitalist in Germany – in collaboration with a true pioneer of outdoor mobility: roadsurfer.
The Munich-based company is receiving financing of 25 million euros to further advance its ambitious growth plans, with a special focus on international expansion – in particular, in the strategically important markets of Europe and North America.

Growth with tailwind from Europe

The financing is supported by the European Union's InvestEU programme and the European Investment Fund (EIF). This made it possible to create uniquely favorable conditions that are precisely tailored to roadsurfer's needs.

"roadsurfer is exactly the kind of fast-growing, digital company we want to support – it's innovative, sustainable, and has a strong management team."
– Donatella Callegaris, Head of Venture & Growth Lending, BBVA Europe

roadsurfer: from start-up to international brand

Since its founding in 2016, roadsurfer has developed into one of the best-known brands in the camper van rental sector. With a fleet of nearly 10,000 vehicles, the company operates in over 90 locations in 16 countries – including Germany, Spain, France, Portugal, the USA, and Canada. In addition to traditional rentals, roadsurfer also offers subscription models, vehicle sales, and "roadsurfer Spots," a platform for close-to-nature camping on private property.

Working together for a sustainable future

We promote economic growth that doesn't leave anyone behind and creates opportunities for everyone.

A complement to the existing financing strategy

The new financing complements a previous €60 million asset-backed securitization (ABS) led by the Macquarie Group. Overall, roadsurfer now has a financing capacity of more than 500 million euros.

"This financing round demonstrates our partners' trust in our business model. Our collaboration with BBVA was characterized by constructive dialogue and a shared understanding of long-term value creation."
– Markus Dickhardt, co-founder and CEO of roadsurfer

Looking ahead: Expansion and innovation

For 2025, roadsurfer plans a sales growth of 30%, and aims for an annual turnover of 210 million euros. The company is experiencing especially strong growth in the USA, where the fleet is being expanded to 800 vehicles. New stations are being built in Phoenix, Los Angeles, Las Vegas, and San Francisco, among others. Significant investments are also being made in Europe: New locations are being established in Aachen, Augsburg, Duisburg, Lübeck, Karlsruhe, Kiel, Ulm and Würzburg, as well as in Linz, Bregenz, Lucerne and Strasbourg. In addition, the camper subscription model will be further expanded and the sale of campers will be extended to countries such as France and Belgium. (source)

Global financial power meets digital innovation in Germany

The major Spanish bank BBVA, founded in 1857 and now active in over 25 countries, is one of the world's leading financial institutions. BBVA is the largest bank in Mexico, and with a strong market position in Spain and successful business models in South America and Turkey, it has now set its sights on Germany – with a clear digital focus.

Conclusion: Sustainable travel meets smart financing

With the support of BBVA and other partners, roadsurfer is ideally positioned to make camper van travel even more accessible, digital, and sustainable. A strong signal for the future of mobility, and for the European start-up sector.

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