Tag Archives: Ampler

Ampler, the Estonian electric bike company, has appointed Kadri Rehkli as interim CEO. Rehkli has been tasked with contributing towards the strength of the company and the products, following the merger with KÕU Mobility Group earlier this year.  She is the former COO of KÕU Mobility Group and will lead …

Estonian e-bike brand Ampler has merged with the Kõu Mobility Group, as Kõu takes a majority stake in the bike-manufacturer.  The two companies have signed an investment and share-swap agreement, with Kõu becoming the new 51% majority shareholder in Ampler, which will join other micromobility brands in the Kõu group, …

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. …

Ampler’s e-bike sales increased by 88% in the first five months of the year. The ongoing pandemic has undoubtedly played a significant role in the brand’s success in early 2020, but Ampler additionally credits its direct-to-consumer business model as a “robust” solution as various retailers closed throughout Europe. Ardo Kaurit, …