News

Partnerships, acquisitions and investment news

Lime records more than three million e-bike trips in Camden

Dominic Marley Lime Bike 2023 276882 scaled e1706092390418 Lime records more than three million e-bike trips in Camden

Lime has recorded more than three million e-bike trips in Camden as residents across the borough continue to integrate cycling into their daily routines and social lives. A third of these journeys took place over five months alone from June to October 2023, demonstrating record demand and how the popularity …

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Nextbike wins tender to launch its first bike sharing scheme in Portugal

nextbike lJ6uS6 s8ak unsplash Nextbike wins tender to launch its first bike sharing scheme in Portugal

Tier-owned Nextbike has won the tender for its first bike sharing system in Portugal. For the tuba bike system in Barcelos, Nextbike will provide the complete hardware, consisting of 200 of the latest GPS-locatable SMARTbikes. On behalf of the local public transport provider transdev Portugal, a comprehensive bike sharing system …

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Forest sees 35% uplift in ‘spontaneous brand awareness’ following rebrand

forest photoshoot scaled e1706091095984 Forest sees 35% uplift in 'spontaneous brand awareness' following rebrand

Forest, the London-based shared e-bike service, has seen a significant uplift in brand awareness since rebranding from HumanForest. The company undertook a rebranding exercise in Summer 2023, with the intention of improving brand association by simplifying the company’s identity. Recent results from Forest’s rebrand have shown a 35% uplift in …

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Cowboy bolsters leadership team by appointing Pola Karolczyk

Screenshot 2024 01 25 at 09.59.16 Cowboy bolsters leadership team by appointing Pola Karolczyk

Cowboy has appointed Pola Karolczyk as its first in-house general counsel, reaffirming the company’s commitment to its products and innovation. Taking charge of the legal and investor relations function, Karolczyk will steer legal strategy, influencing strategic development, and overseeing initiatives across Cowboy’s operations. In her career, Karolczyk served as a …

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Bolt awarded scooter and e-bike license in Oslo

Rider 1 Bolt awarded scooter and e-bike license in Oslo

Bolt has been announced as one of the three companies, alongside Tier and Voi, awarded a licence to operate e-bikes and scooters in Oslo until March 2025. As a result, Bolt will offer a fleet of more than 2,500 micromobility vehicles in the capital city of Norway from April 1, …

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Velco hires 138 for European communications

Velco x 138 scaled e1706089461761 Velco hires 138 for European communications

Velco has hired 138 Alternatives to handle its European communications. The partnership will see the team at 138 Alternatives work to raise the profile of the French IoT solutions firm within the bicycle industry and beyond. Philipp Reiff, managing director of 138 Alternatives, said: “We are convinced that connected e-bikes …

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Tier and Dott set to merge and invest €60 million into joint business

TIER Dott 1200x700 v1 Tier and Dott set to merge and invest €60 million into joint business

Tier and Dott have announced a preliminary agreement to bring the two companies together to form one of Europe’s leading micromobility operators. The joint entity will continue to operate under the Tier and Dott brands, combining the two provider’s expertise. This transaction is subject to several conditions, and will be …

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Forest expands ‘Friends of Forest’ discount to over 60s

Forest bike riding suburbs e1700647774482 Forest expands 'Friends of Forest' discount to over 60s

Forest, one of London’s most affordable shared e-bike schemes, is expanding its ‘Friends of the Forest’ discount scheme to include those aged 60 and over. The benefits of cycling in older age have been widely reported with a study showing that cyclists between the ages of 50 and 83 received …

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Velco raises €2 million and sets profitability target

Velco 2m funding e1704384097289 Velco raises €2 million and sets profitability target

Velco, provider of connected solutions for e-bike brands, has completed a new €2 million fundraising round to accelerate its development, before reaching profitability in the next few quarters. After establishing a presence in the French e-bike market, Velco expanded in Europe and North America, working with a number of international …

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Beryl to deliver shared transport services across BCP until 2028

Beryl BCP Council Beryl to deliver shared transport services across BCP until 2028

Sustainable shared transport in Bournemouth, Christchurch and Poole is set for a number of improvements over the next five years, after Beryl were re-appointed as scheme operators by BCP Council. Having run the current bike, e-bike and e-scooter scheme in partnership with the council since June 2019, the home-grown operator …

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