Tag Archives: Investment

Irish e-bike company Modmo has raised  €8.7 million (£7.2 million) in its seed investment round, led by €5 million from Ballymore Group CEO Sean Mulryan.  Modmo was founded in March 2020 by 25-year-old Irishman Jack O’Sullivan, who wanted to help get more people on bikes and out of their cars. …

Shared transport operator Dott has raised an additional $70 million in its Series B funding, bringing the total raised to $150 million this round. Founded in 2018, Dott now operates in 36 cities and nine countries across Europe, including a fleet of e-scooters and e-bikes in London.  After announcing $85 …

Belgian e-bike designer Cowboy has raised $80 million in its latest funding round, as the company eyes further US expansion. Currently available across Europe, including the UK, and in the US, Cowboy raised the $80 million (£59 million) in Series C financing thanks to investors Exor, HCVC, and Siam Capital, …

Sustainable e-scooter rental company Hopp has secured $2.8 million investment from Brunnur Ventures, to drive international growth of its worldwide franchise strategy. Hopp says its primary mission is to leave behind a cleaner planet, one ride at a time, with all parts of the business carbon negative. It is focused …

Electric bike and e-scooter sharing brand Lime has raised a huge $523million in funding during an oversubscribed investment round, as the company plans go carbon-free and revamp its fleet.  Lime received a significant boost in its funding thanks to investments from the Abu Dhabi Growth Fund, Fidelity Management and Research …

Ampler has raised € 7.4 million in an equity round to support its expansion plans. The round was led by seasoned investors Taavet Hinrikus and Sten Tamkivi from Taavet+Sten and joined by top Estonian investors Metaplanet, Ambient Sound Investments and Ragnar Sass. It puts the company valuation at €47 million. …

Rad Power Bikes has announced $154 million in funding from existing investors to supercharge its global efforts to get more people out of cars and onto e-bikes. This round is led by Fidelity Management and Research Company LLC, with investments from funds and accounts advised by T. Rowe Price Associates, …

TIER has announced the first close of its $200 million Series D funding round. As part of a broader equity and debt raise, this round of funding is led by previous investors SoftBank Vision Fund 2, Mubadala Capital and adds new partners like M&G Investments, a green impact fund, and …

TVS Motor Company has announced its partnership with Swiss e-bike brand EGO Movement as a majority shareholder. TVS Motor intends to expand its portfolio of sustainable and scalable personal mobility solutions and brands in the area of electromobility and ‘recognised the potential’ in EGO Movement. Joint managing director of the …

VanMoof has announced a $128 million Series C minority investment in a funding round led by Hillhouse Investment, an Asia-based private equity firm. The company said it will use the funds to increase its production capabilities, continue the development of new technology, improve bike specs and reliability, and break down …