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424 Pedal power: Forest lands €15.3 million to expand sustainable e-bike fleet

EU-Startups
David Cendon Garcia @ EU-Startups · 01/22/2025 07:37 EDT

Pedal power: Forest lands €15.3 million to expand sustainable e-bike fleet

Forest, a London-based shared bike operator, has secured €15.3 million in the first close of its Series B round in order to introduce three new e-bike types to its fleet and invest in sustainable and responsible growth. This funding round also includes a facility of up to €11.8 million in Asset-Backed Finance from Fintex Capital. ...

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