BBVA completes its first venture debt transaction in Germany with Roadsurfer for €25 million
BBVA has formalized a €25 million venture debt transaction with Roadsurfer, a German company specializing in outdoor mobility. The financing aims to support the international expansion of the leading camper van rental platform and accelerate its growth across Europe and North America.
Opening photo generated with Midjourney (AI)
This agreement benefits from the support of the European Union and the European Investment Fund (EIF) under the InvestEU program, enabling the establishment of more favorable conditions for both parties and delivering a financing solution tailored to the company’s specific needs.
“Roadsurfer represents the type of company BBVA wants to support: digital, innovative, and committed to fostering more sustainable ways of traveling and consuming. Its growth reflects the dynamism of the European entrepreneurial ecosystem and our commitment to providing flexible financial solutions to internationally ambitious companies,” said Donatella Callegaris, Head of Venture & Growth Lending at BBVA in Europe.
“These financing rounds reflect our partners’ confidence in our business model. The collaboration with BBVA was marked by constructive dialogue and a shared understanding of long-term value creation,” noted Markus Dickhardt, co-founder and CEO of Roadsurfer.
Founded in 2016, Roadsurfer has established itself as one of the most recognized brands in the camper van rental sector. It currently operates a fleet of nearly 10,000 vehicles and is present in more than 90 locations across 16 countries, including Germany, Spain, France, Portugal, the U.S., and Canada. Its offering includes rental, subscription, and sales services for camper vans, in addition to its “Roadsurfer Spots” platform, which connects travelers with private landowners for camping.
A complementary transaction aligned with its financing strategy
The financing provided by BBVA complements a previous €60 million asset-backed securitization (ABS) operation led by Macquarie Group, bringing Roadsurfer’s total financing capacity to over €500 million.
Both transactions reflect the company’s comprehensive capital strategy, focused on strengthening its fleet, consolidating key markets, and continuing to develop digital solutions that make camper travel more accessible, sustainable, and appealing.