Business

Partnerships, acquisitions and investment news

Helbiz expands e-scooter operation into Virginia

Helbiz has rolled out e-scooters across Alexandria and Arlington in Virginia. The micromobility company has made an initial 200 e-scooters available in Alexandria, while 100 have arrived in Arlington. The move follows a successful launch in Washington DC. “In these unprecedented times, when everyone around the world is encouraged to …

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Zego partners with Ginger to insure e-scooter trials

Zego has partnered with e-scooter company Ginger to provide insurance for the UK’s first-ever e-scooter trial. Ginger has deployed 300 scooters as part of the trial. Zego’s policy covers all units and is fully integrated into Ginger’s sign-up process to ensure that users have the government’s required third-party liability insurance. …

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Bird suffers blow as Lime, Dott and Tier win Paris scooter permits

Lime, Dott and Tier Mobility have won permits to operate shared e-scooters throughout Paris. The announcement followed a seven-month tender process that reportedly saw 16 applicants in the race for operation in the French capital, including Voi, Wind, Spin, Comodule and Bolt. It comes as a blow to US-based Bird, …

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Cowboy raises $26 million in funding round

Cowboy has raised $26 million (£20 million) in a Series B funding round. As a result of the round, which included investments from Isomer Capital, HCVC, Exor Seeds, Future Positive Capital and Index Ventures, Cowboy plans to hire an additional 30 employees in the next six months, scale its production …

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Advanced tracking, voice guidance and emergency 999 buttons: e-scooters are more than a simple transport alternative

Neuron Mobility weighs in on a transport revolution ahead of its launch in the UK E-scooters could become a key new mode of transport after the Government legalised the use of shared e-scooters this month, to give people a more individual transport option that allows them to continue social distancing …

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SoundCloud founders launch e-bike subscription business

The founders of music streaming app SoundCloud have launched an e-bike subscription venture. The startup, Dance, has introduced an invite-only service in Berlin this week, with subscriptions priced at €59 per month. Users download an app and register for the service, and a fully-assembled e-bike is delivered to a subscriber …

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Google Maps integrates detailed bike-sharing information

Google has introduced advanced bike-sharing information into its Maps navigational platform. The new feature, which includes live bike and docking availability, has rolled out in ten cities throughout the world: Chicago, London, Mexico City, Montreal, New York, Rio De Janiero, San Franciso, Sao Paulo, Taipei and Washington. It will roll …

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HumanForest rolls out in Camden following ‘exceptional demand’

HumanForest has arrived in Camden after ‘exceptional demand’ following its launch in Islington at the end of June. The shared e-bike scheme saw 3,000 users register within two weeks of launch. In order to meet the growing demand, HumanForest is rolling out an additional 1,000 bikes in the coming months. …

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European e-bike imports drop 30%

LEVA-EU has revealed the European import and export statistics for electric bicycles in 2019, with imports from outside the EU shrinking by around 30%. In 2018, there were still more than one million electric bicycles with pedal assistance up and a power of no more than 250W imported into the …

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Swiftmile raises $5 million for micromobility charging stations

Swiftmile has raised $5 million as it looks to further deployment of its charging stations for e-bikes and e-scooters throughout US and European cities. The investment round, led by Thayer Ventures with participation from Verizon Ventures, Alumni Ventures Groups and WSGR, brings total Swiftmile funding to $11 million. The startup …

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