UK e-bike insurer secures multimillion funding for European expansion
CHESTER, England - Bikmo, a UK-based specialist cycle and e-mobility insurer has raised £3.4 million (€3.9 million) in a Series A extension round to accelerate European expansion and drive product innovation. The specialist insurer currently protects over 75,000 riders in the UK, Ireland, Germany and Austria through strategic partnerships with brands such as British Cycling, Cyclescheme and folding bike specialist Brompton.
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