German fleet and subscription startup Cycle Mobility raises €10.3 million

BERLIN, Germany - Describing its business model as a "full-service mobility solution for delivery services and couriers," Berlin-based startup Cycle Mobility Holding GmbH has successfully finalised a Series A financial round. The total €10.3 million cash injection is planned to drive the company's e-bike B2B2C- as well as B2B- business fleet and subscription business.

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