The micro-mobility investment fund Fundracer announced an undisclosed investment in Belgian startup Aerobag, which is pioneering ultra-lightweight, compact airbag technology designed specifically for cyclists. Aerobag set out with a clear and ambitious mission: to adapt proven airbag technology from the automotive industry into a form factor that works for cycling.
The announcement that Austrian Spar sold its domestic sporting goods chain Hervis, including all 134 existing stores in Austria, Slovenia, Croatia and Bavaria, marks a major shift in bicycle retail for Central Europe. The agreement, concluded this week, includes the transition of all employees. This move comes after the Austrian sporting goods retailer, which also sells a range of bicycle products, announced a "restructuring offensive."
New financial milestones surpassed for German online shop operator The Platform Group (TPG) in 2025. The software company specialising in platform solutions has presented its preliminary unaudited figures for the 2025 fiscal year. According to the company, in both sales and earnings, it has had its most successful fiscal year in its history.
American e-bike company Rad Power Bikes seems to have ended its unlucky streak this week, securing a buyer to take over the company following its bankruptcy announcement in late December. Life Electric Vehicles Holdings (Life EV) has committed to purchasing the company, including its inventory, intellectual property, software, furniture and more, for $13.2 million (€11 million), according to media reports.
Fresh rumours are circulating that Accell Group has entered its second debt restructuring in little more than a year, and they're creating quite a stir in the market. Accell Group insiders reportedly told the Financial Times that new restructuring talks are being prepared, as revenues are lower than expected. Analysts recently wrote that the group's sales are expected to drop 15% in 2025, with a further 9% decline expected this year.
The Dutch manufacturer Gravaa, which developed a unique tyre pressure system based on a pump integrated in the hub, has gone bankrupt. They became known as pioneers of a technically impressive system that allowed cyclists to adjust tyre pressure from the handlebars while riding. "Without fresh funding, there was unfortunately no other viable option," wrote Gravaa, in a statement.
