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Partnerships, acquisitions and investment news

Velco partners with Panot in Barcelona

Velco x 138 scaled e1706089461761 Velco partners with Panot in Barcelona

Velco is continuing its international expansion with a new partnership with Panot, an e-bike rental company based in Barcelona. The announcement comes after signing its first clients in Germany and the US, Founded by two people who share a deep conviction in the decarbonisation of cities through electric bikes, Panot …

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ICE Trikes becomes certified B Corp

ICE Trikes B Corp ICE Trikes becomes certified B Corp

ICE Trikes, a Cornwall-based manufacturer of innovative recumbent trikes, has announced its certification as a B Corp. This announcement follows the successful transition to an employee-owned company and securing the Exporter of the Year 2024 award from the Cornwall Manufacturing Group. The B Corp certification underscores ICE Trikes dedication to …

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Cake enters new era with Brages Holding AS

ACM5050 Lowres e1718720369572 Cake enters new era with Brages Holding AS

The new owners of Cake, the Swedish maker of lightweight electric mopeds and motorcycles, have shared some of their initial plans for the brand’s future Norwegian company Brages Holding AS acquired Cake and its intellectual property after it filed for bankruptcy in February 2024. Since then, a new and small …

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Beryl bike share scheme launched in Worcester

Worcester launch 5 cropped Beryl bike share scheme launched in Worcester

Beryl has launched a new bike and e-bike share scheme in Worcester. Operated in partnership with Worcester City Council, the scheme will comprise 175 e-bikes and 50 pedal bikes. These will be available to hire from a network of 53 Beryl Bays. A special launch event was held today, June …

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Whizz raises $12m in Series A funding to expand its e-bike rental platform

Screenshot 2024 06 07 at 17.17.17 e1717777072364 Whizz raises $12m in Series A funding to expand its e-bike rental platform

Whizz, an e-bike subscription platform for last-mile delivery drivers, has raised $12 mіllіоn in a Series A funding round led by LETA Capital, with participation from Flashpoint VC, and others. The round takes the company’s total funding to $20M, fuelled by 3.5x year-over-year growth and annual recurring revenue (ARR) of …

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TfL offers free and unlimited Santander Cycle rides for all Londoners every Sunday in June

TFL Santander High Quality still 37 TfL offers free and unlimited Santander Cycle rides for all Londoners every Sunday in June

Transport for London (TfL) and Santander are offering free and unlimited 30 minute rides for all Londoners on every Sunday in June to celebrate the launch of TfL Cycle Sundays. The offer comes as Santander e-bikes recently celebrated one million hires across the capital. TfL Cycle Sundays is a new …

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Verge Motorcycles begins retail rollout in the USA

Small Verge Motorcycles begins retail rollout in the USA

European technology company, Verge Motorcycles is opening its first two retail stores in the United States. The first store opened at Westfield Century City Shopping Center in Los Angeles on Saturday, June 1. Verge’s second store will open at Westfield Valley Fair Mall in San Jose on Thursday, June 6. …

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Lime reimagines wasted car parking spaces after report recommends new e-bike parking rules for London

Changing Spaces 17 Lime reimagines wasted car parking spaces after report recommends new e-bike parking rules for London

Lime is encouraging Londoners to re-imagine how inner city street spaces could be repurposed to meet growing cycle demand and solve the capital’s e-bike parking challenges through an illusion in Camden. As Lime trip data shows, an inner London borough like Camden now records approximately 200,000 Lime rides per month, …

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Jorvik Tricycles expands into Europe

Credit Jorvik Tricycles German expansion Jorvik Tricycles expands into Europe

Jorvik Tricycles has announced its European expansion by appointing its first partner stockist in Germany. The expansion of the business into new markets aligns with the company’s ambitions to make cycling accessible globally and this partnership supports Jorvik in feeding markets in France, Austria and Belgium. Jorvik Tricycles founder, James …

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Bolt transforms 40kg of scrapped car airbags into street furniture

Untitled 2 Bolt transforms 40kg of scrapped car airbags into street furniture

Bolt has partnered with Stockholm-based design studio Interesting Times Gang to transform scrap cars into unique street furniture. The collection, Living Vroom, features six designer pieces symbolising the potential of urban landscapes when prioritising people over car-centric infrastructure. European roads now accommodate approximately 252 million, with close to six million …

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