2 years ago
HumanForest Secures £17M in Series A to Fuel E-bike Expansion
London-based e-bike rental company HumanForest has raised an additional £5 million for its Series A round, bringing the total to £17 million
The funding will be used to expand its advertising technology platform, which helps reduce the cost of e-bike rentals
The company, which launched two years ago, has half a million users and operates in twelve London boroughs
HumanForest plans to expand into Europe next year.
ProblemTransportation
"Urban transportation is often congested, expensive, and carbon-intensive."
Solution
"HumanForest provides a sustainable and affordable e-bike rental service that integrates with existing public transportation systems, offering a practical alternative to car ownership for short to medium distance travel."