Bird, the once high-flying electric scooter startup, has filed for bankruptcy. The Miami-based company announced its Chapter 11 filing two years after going public, one year after warning bankruptcy could be on the horizon and three months after being delisted from the New York Stock...
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market, Bloomberg reported Monday (July 17). With 38% share of that market, Ola Electric has sold...
U.K.-based micromobility firm HumanForest has raised $15 million to boost its eBike technology. The company announced its Series A funding Friday (April 28), saying it would use the money to double the size of its fleet and develop its advertising technology platform and user app....
Paris will ban electric scooter rental services effective Sept. 1. The move follows a Sunday (April 2) referendum in which 89% of those who voted favored the ban, The Wall Street Journal (WSJ) reported Sunday. The French capital had been a pioneer in the urban...
December 31, 2019
For some people, it can seem almost utopian: The sight of countless commuters using bikes in certain European cities, and not just for recreation or short rides to the park, but for daily work and grocery trips, and even weekend journeys to the country. That is not the case in the U.S. for various reasons […]
February 02, 2024
Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst of a funding round when an investor’s withdrawal pushed it over the edge, according to the report. While it remains unclear if Cake filed for bankruptcy protection or insolvency, Ytterborn […]
December 20, 2023
Bird, the once high-flying electric scooter startup, has filed for bankruptcy. The Miami-based company announced its Chapter 11 filing two years after going public, one year after warning bankruptcy could...
July 17, 2023
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market,...
April 30, 2023
U.K.-based micromobility firm HumanForest has raised $15 million to boost its eBike technology. The company announced its Series A funding Friday (April 28), saying it would use the money to...
