Rhyde, founded in 2022, is capitalizing on the growing demand for sustainable urban transportation solutions. Operating as the leading refurbished micro-mobility company in Spain, Rhyde specializes in providing high-quality refurbished e-scooters and e-bikes at competitive prices. Their commitment to environmental stewardship is embedded in their business model, as each purchase is equated to saving the emissions equivalent of ten mature trees.
Their unique positioning in the refurbished market not only addresses consumer cost concerns but also contributes significantly to reducing carbon footprints associated with new vehicle manufacturing. With its headquarters in Spain, the company's operational base aligns well with the rising European focus on eco-conscious transport options.
Rhyde recently secured a €460.00K seed investment from investors EIT Urban Mobility and Akka as of 01 November 2024. This financial backing is expected to fuel further growth and support its mission of advancing conscious micro-mobility.