Tern Gets Multi Million Investment

TAIPEI, Taiwan — Urban transport specialist, Tern, announces that it has closed a US$ 4.3 million (€ 3.2m) round of investment from private investors. The funds will be used to accelerate global expansion as well as to ramp up investments in product development.
Joshua Hon, Tern vice president, ‘This round of funding lets us continue to invest in all of the critical parts of our operation.’ - Photo Bike Europe