Business

Partnerships, acquisitions and investment news

Voi raises $45 million to invest in building a sustainable micromobility company

Voi has raised $45 million in a Series C extension round led by The Raine Group. The funding will help Voi invest in building a sustainable company that will continue to ‘revolutionise’ urban mobility over the coming decade. This brings the total Series C funding raised by Voi to $205 …

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Product partner: Introducing e-bike manufacturer EBFEC

Nico Law introduces Polish e-bike manufacturer EBFEC as it seeks new distribution deals ‘An electric bike for every customer’. This is how Nico Law, EBFEC’s general manager, defined his brand in a brief and powerful statement. “We want to make e-bikes that everyone can afford, ride and enjoy,” said Law. …

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E-bike company WAU opens new Essex factory

Nottingham-based e-bike company WAU has opened a new factory in Essex as the firm continues to expand to meet ‘surging’ demand. The site, which officially opened for production last month, is based in a central point for the firm in South Woodham Ferrers. After taking more than a year to …

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HumanForest partners with Nutmeg ahead of London launch

E-bike sharing app HumanForest has partnered with digital wealth manager Nutmeg. The deal will see Nutmeg benefit from HumanForest’s advertising-led revenue model, where consumers receive an advert from partners before and after using a HumanForest e-bike. This model allows customers to ride for free for ten minutes each day and …

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MiRiDER on its new 7,000 sq ft facility in Wigan, the brand’s ambitions and what makes it unique

Rebecca Morley visits MiRiDER’s new production facility in Wigan to find more about the brand With its new 7,000 sq ft facility in Wigan, folding e-bike brand MiRiDER has its eyes set on serving dealers all over the UK. And each bike is built by hand by a trained operative …

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NoTraffic raises $17.5 million from former Uber exec

NoTraffic has raised $17.5 million in a Series A round led by Nielsen Ventures, a firm founded by former Uber and Dropbox executive and ex-Balderton Capital GP Lars Fjeldsoe-Nielsen and VEKTOR Partners, a VC firm focused on mobility disruption. Leading early-stage venture capital investment firm Grove Ventures, insurance leader Menora …

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Dott tackles e-scooter accessibility in London

Dott is launching a “multi-pronged approach” in an effort to make e-scooters more accessible to those with disabilities. The announcement comes after Dott won a tender to take part in London’s ongoing e-scooter trial, bringing its sensor technology, rider-facing training, smart parking technology and sound detection to the UK. Sensor …

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Time to diversify?

With summer finally starting and many bike distributors still struggling to meet demand in key areas, now could be the perfect time for IBDs to expand product ranges and add another string to their bows. The COVID lockdowns, and possibly the introduction of electric scooter hire schemes, has resulted in …

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Voi implements artificial sound to protect pedestrians with sight loss

Voi is installing sound on e-scooters in three cities to combat pavement riding and help protect pedestrians with sight loss as part of the trial of e-scooters across the UK. The brand’s engineers have designed a bespoke ‘low hum’ which will be added to Voi’s bright coral e-scooters to alert …

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Folding e-bike brand Eovolt doubles production capacity

Eovolt’s UK distributor Pinpoint CE has confirmed ongoing availability of the brand’s complete range of lightweight folding e-bikes to meet strong retail demand and as it looks to increase its IBD network. While supply challenges have been widely reported across the cycling channel, the French brand recently announced the doubling …

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