ebike Archives

Subscription e-bike startup Zoomo cuts jobs again after raising $24 million

Simon Thomsen - May 2, 2023 2 MIN READ

Electric delivery bike startup Zoomo has cut staffing for the second time in six months, making 27 roles redundant, just weeks after the collapse of major client Milkrun. “Zoomo has made the difficult decision to reduce its overall headcount by 8%. The restructure will accelerate our path to company-wide profitability in 2024,” a statement from… Read more »

Funding

eBike subscription startup Lug+Carrie banks $5 million bridge round for US launch

Simon Thomsen - September 30, 2022 2 MIN READ

Lug+Carrie, a Melbourne eBike subscription startup, has raised $5 million in bridge funding as it looks to expand globally. The company is looking to a Series A, but was keen to take advantage of local demand ahead of tackling new markets such as the United States. The funding will be used to secure more stock… Read more »