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Investment

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José Vitoria (r.) together with David Vitoria, founders of CEO Berria Bikes. – Photo Shift Active Media

Suma Capital invests in Berria Bikes to facilitate international...

VILLARROBLEDO, Spain - Berria Bikes has reaffirmed its ambitious international expansion plans with the introduction of Suma Capital as a minority...

Beryl has a fleet of bikes, e-bikes, e-scooters and cargo bikes in several locations across the UK. – Photo Beryl

E-bike share scheme raises €2.25 mln funding for UK factory

POOLE, England - E-bike sharing platform Beryl is gearing up for the next stage of its growth after securing a £2 million (€2.25 mln) investment. The...

Cargoroo’s distinctive yellow shared e-cargobikes will be seen in more cities in 2023 thanks to a new mulit-million euro investment. – Photo Cargoroo

Cargoroo raises €10 million for e-cargo bike sharing concept

AMSTERDAM, the Netherlands – Cargoroo has raised a sum of ten million euros from investors to support the growth of its shared e-cargobike concept....

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With the additional capital the kids bike brand will have better access new markets, such as China. – Photo Woom

Hong Kong investor Jebsen Group steps into Woom

KLOSTERNEUBURG, Austria – The Hong Kong-based family-run trading and logistics company Jebson Group has stepped into Austrian kids and juvenile...

Onomotion has a couple of hundred vehicles on the road in Germany with logistics partners like UPS, DPD and Hermes. – Photo Onomotion

Onomotion raises millions to expand e-cargo bike for urban logistics

BERLIN, Germany - Urban logistics e-cargobike manufacturer Onomotion has closed its Series A, with €6 million in equity and €15 million in debt. “We...

“With our move to Antwerp, we have established a solid base for our future growth,” said Classified CEO Mathias Plouvier, at the opening of the new head office this summer. – Photo Classified

Classified Cycling raises millions from UK investors to expand into...

ANTWERP, Belgium - Classified Cycling has announced a €22 million funding round led by Active Partners, known in the industry as, former investors in...

Bosch is rapidly stepping up its R&D and production capacity in Portugal. – Photo Bosch

Bosch invests in e-bike component production in Portugal

BRAGA, Portugal – Bosch has announced that it will start to extend its R&D and production capacities in existing Portuguese facilities in Ovar and...

The Pinarello factory will be upgraded to Industry 4.0 and transformed into a lean and digitalized manufacturing facility. – Photo Cicli Pinarello

Cicli Pinarello accelerates investment plan after reporting promising...

VILLORBA, Italy - Road bike brand Cicli Pinarello s.r.l. reported double digits increase in both turn-over and gross operating margin during its...

Xavier Pladellorens and Ángel Corcuera, co-founders of Deporvillage retain a 2% stake in the company following the acquisition by ISRG - Photo Deporvillage

€19.8 million deal sees Deporvillage shift hands to JD Sports holding...

ALICANTE, Spain - Iberian Sports Retail Group, has acquired an additional 18% holding in Spanish online retailer Deporvillage. This latest...

The 3,200 square meter annex of the Moustache Bike facility. – Photo Moustache Bikes

Moustache Bikes invests in additional space for production

CAPAVENIR, France – Moustache Bikes has outgrown its existing facility within 3 years since it moved into the building in Capavenir. Next year...

Starting October, Eovolt will start to produce a part of the wheels in house to reduce its dependency on Asian providers. – Photo Michel de Chavanon

French folding e-bike brand Eovolt raises €16 million

LYON, France – Eovolt, the French folding e-bike manufacturer, has completed a fundraising of €16 million from venture capital firms Raise Impact and...

Varun Sureka, Director of Hartex Rubber in the new tube site in Ludhiana. - Photo Satnam Singh

Hartex invests in new bicycle tube unit to cater for export market

LUDHIANA, India – Hartex Rubber has opened a new bicycle tube plant at its Ludhiana site, creating an additional daily capacity of 25,000 tubes. “The...

The Antric One is an auto-grade four-wheeled e-cargo bike that has been successfully piloted in Europe. - Photo Antric

US investment supports scale-up of German 4-wheeled e-cargobike

FREEHOLD, NJ, US – The US-based electric vehicle technology company, Cenntro Electric Group Limited, has acquired a minority stake of 25% in Antric...

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