£27.0M
The London micromobility operator added £27m in equity and asset-backed financing led by participants including B8 Venture Partners, Fen Ventures, Güil Mobility Ventures, and Fintex Capital.
F
Forest—London, UKB8 Ventures + 3 others
Fintex Capital provides asset-backed lending facilities and financing solutions to growing businesses.
Portfolio
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companies
Robert Stafler
CEO
The London micromobility operator added £27m in equity and asset-backed financing led by participants including B8 Venture Partners, Fen Ventures, Güil Mobility Ventures, and Fintex Capital.
Fintex Capital provided an asset-backed facility of up to £10m as part of the first close.
"The Fintex investment allows us to accelerate our growth, while ensuring rider safety and maintaining responsible operations. We are also excited to widen access to our scheme and diversify our fleet by introducing three new e-bike types. We remain committed to long-term partnerships with cities and public transport providers to realise our vision of affordable, sustainable mobility for all, and with this financing, we are making excellent progress towards that goal."