CYCLE

The **CYCLE** startup, with its slogan "Enabling sustainable last-mile delivery," is committed to revolutionizing transportation through electric mobility for the creation of dynamic and sustainable cities. Launched in **2018** and headquartered in **Germany**, CYCLE offers an innovative subscription service in over 85 cities across Austria, Germany, Italy, the Netherlands, and Poland. This service aims to provide affordable, efficient, and eco-friendly urban transport solutions, including electric bikes and cargo bikes. The company's recent achievement includes securing a notable **€10.30M Series A investment** on **19 July 2023**, with participation from significant investors such as **Founder Collective, Visionaries Club, SpeedUp Venture Capital Group, Scania Growth Capital, EnBW New Ventures, APX, Third Sphere,** and **LocalGlobe**. CYCLE's crucial role in advancing cleaner and more livable urban environments positions it as an attractive opportunity for venture capital investment in the transportation industry.