Business

HumanForest has arrived in Camden after ‘exceptional demand’ following its launch in Islington at the end of June. The shared e-bike scheme saw 3,000 users register within two weeks of launch. In order to meet the growing demand, HumanForest is rolling out an additional 1,000 bikes in the coming months. …

LEVA-EU has revealed the European import and export statistics for electric bicycles in 2019, with imports from outside the EU shrinking by around 30%. In 2018, there were still more than one million electric bicycles with pedal assistance up and a power of no more than 250W imported into the …

Swiftmile has raised $5 million as it looks to further deployment of its charging stations for e-bikes and e-scooters throughout US and European cities. The investment round, led by Thayer Ventures with participation from Verizon Ventures, Alumni Ventures Groups and WSGR, brings total Swiftmile funding to $11 million. The startup …

The Electric Cycle Company (ECC) is moving to a 4,000 square foot, carbon-neutral premises in Edinburgh. Boogie, host of Forth 1’s Breakfast Show, joined Neill Hope, MD of the Electric Cycle Company, to launch a crowdfunding campaign to renovate the building into a new store and workshop, the “biggest e-bike …

Neuron Mobility plans to expand into the UK after finding success in Australia and New Zealand. The Singaporean brand, known for what it calls the first ‘talking’ e-scooter, is being backed by investments of over £16 million as it looks to further its reach. CEO Zachary Wang said: ”We regard …

Micromobility start-up Beam has raised $26 million in a new financing round. The round was co-led by Sequoia India and Hana Ventures, with participation from RTP Global, AppWorks, Right Click, Cherubic and RedBadge Pacific. To date, the startup has raised $32.4 million. Founded in 2018, the e-scooter sharing service is …

Swapfiets is expanding throughout Europe with plans for London, Milan and Paris before the end of 2020. The Dutch bicycle subscription provider is also testing a new e-scooter offering as it looks to diversify its business model. “Cities throughout the world are facing the challenge of environmental pollution through increasing …

Micro has been named the fifth most innovative business in Europe by Fast Company. The scooter company were acknowledged at the World’s Most Innovative Companies Awards 2020, which has previously hosted winners such as Apple, Novartis and Patagonia. “As a small Swiss family-owned company, it’s a great honour for us …

UK e-scooter trials are finally going ahead this week after being given the green light from 4th July. The trials are designed to help understand whether the devices reduce motor traffic, as well as their impacts on safety for their users and others. They will be strictly prohibited on pavements, …

CityBike is pushing ahead with ambitious expansion plans after Sherpa Capital acquired a stake in the Spanish micromobility company. Founded in Spain 2014, CityBike first put itself on the map with its successful operation of Helsinki’s public bicycle system and, since then, it has taken on three other concessions in …