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The global cycling market is being shaped by a new generation of startups. These companies are tackling challenges from manufacturing to last mile transportation.
China's Hello TransTech leads with over $2 billion in funding for its bike sharing platform. Meanwhile, India's Ninety One has secured ₹2.5 billion to expand its bicycle manufacturing operations.
Below is our list of 8 Cycling startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
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Get the Sheet for $50Tenways creates a range of sleek and accessible e-bikes designed for a smooth, effortless commute. They focus on producing lightweight, eco-friendly cycles that aim to make urban mobility simple for everyone.
Ninety One designs and manufactures a range of bicycles, including electric models, to encourage an active outdoor lifestyle. The brand supports riders with a complete line of cycling accessories and apparel.
Hello TransTech operates a massive network of smart-sharing bikes designed for short-distance travelers across China. Formerly known as HelloBike, their platform provides accessible and convenient last-mile transportation solutions for urban commuters.
Gbike created GCOO, a shared mobility service that gives users access to electric bikes and scooters throughout Korea. The platform focuses on solving the last-mile transportation problem with its convenient, app-based rental system.
Vapaus created a bike-as-a-service platform for businesses looking to offer sustainable employee benefits. The service provides and manages company bikes to promote greener urban transportation.
Ekolution manufactures sustainable building insulation from wood fiber for the modern construction industry. Their products are designed to reduce the climate impact of construction while creating healthier indoor environments.
MODMO builds high-tech, modular e-bikes designed for urban transportation. The bikes feature a sleek design with integrated smart technology and a system of quick-attach accessories for added versatility.
Ecovelo creates turnkey, self-service electric bike solutions for communities and businesses. They provide the complete system, including the e-bikes, docking stations, and the software needed to operate a bike-sharing network.
