Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst of a funding round when an investor’s withdrawal pushed it over the edge, according to the report. While it remains...
Consumers’ device portfolio has changed significantly over the years, largely due to technological breakthroughs and evolving consumer preferences in a world dominated by digital transformation. These changes have affected everything from smartphones and smartwatches to smart TVs and cars with connected capabilities. PYMNTS Intelligence data...
Micromobility startup Dance has raised about $12.8 million to expand its eBike offerings in Europe. The company, which offers electric bike and moped subscriptions to customers and businesses, said in a Thursday (Feb. 16) press release that it will use the funding to grow in...
Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority shareholder of Ampler, the firms announced Wednesday (Feb. 14). It’s the latest example of the growing popularity of e-bikes and...
December 31, 2019
For some people, it can seem almost utopian: The sight of countless commuters using bikes in certain European cities, and not just for recreation or short rides to the park, but for daily work and grocery trips, and even weekend journeys to the country. That is not the case in the U.S. for various reasons […]
March 12, 2025
Dance secured 12 million euros (about $13 million) in a funding round to grow its electric mobility subscription services in Paris, Berlin, Hamburg and Munich. The company will use the new funding to further develop its hardware and software and expand its fleet of electric bikes and mopeds, Dance said in a Tuesday (March 11) press release. […]
February 02, 2024
Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst of a funding round when...
February 16, 2023
Micromobility startup Dance has raised about $12.8 million to expand its eBike offerings in Europe. The company, which offers electric bike and moped subscriptions to customers and businesses, said in...
February 14, 2023
Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority shareholder of Ampler, the firms...
