Forest, an e-bike startup, raised £40 million in a Series B round.
New Jersey passes heavy restrictions on e-bike ownership, signaling a regulatory crackdown that could impact the e-bike market.
Cowboy, the Brussels-based e-bike maker, is being acquired by ReBirth Group Holding, with €15 million from existing shareholders plus undisclosed new funding to restart production and clear spare-parts backlog; ReBirth also owns Re-cycles and has prior responsibility for Cowboy's assembly, amid 2025 delivery issues.
Rad Power Bikes files for bankruptcy and plans to sell the business.
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