Cowboy raises €23M in Series B Funding
Summary
Brussels, 23 July 2020 – Cowboy, the leading manufacturer of the beautifully-designed, connected electric bike, today announces the completion of its Series B funding round, totaling €23M. Noam Ohana, who heads Exor Seeds commented, “We’re excited to partner with Cowboy in their mission to bring sustainable transportation to our city streets with beautifully-designed, customer-centric e-bikes. Despite challenging economic headwinds that have been a consequence of this dynamic, Cowboy has realized significant sales growth and resilience as more people turn toward e-bikes as the fast, safe and fun way to move around their city. The launch of the new Cowboy 3 model last month was met with massive demand, demonstrating wide appeal for a well-designed bike with innovative technology at its heart. Other defining features include a carbon fiber belt, Auto Unlock, Theft Alert, Crash Detection, which offer riders a true connected product and service experience—from the first kick of the bike to every kilometer ridden.
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