Tag Archives: investment

VanMoof attracts £11 million investment from Balderton and SINBON

VanMoof has announced a total €12.5 million (£11 million) investment from venture capital firm Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch of the new electric VanMoof S3 and X3 …

Read More »

Johnson’s ‘golden age of cycling’ welcomed but ‘significant investment’ needed

Manchester-based bike manufacturer Insync has welcomed Boris Johnson’s prediction that cycling will experience a ‘golden age’ once lockdown ends. However, Cycling UK has said this will only be achievable through “significant investment” and a “change in transport investment priorities”. “Replying to a question in the House of Commons, the prime …

Read More »

Abu Dhabi investment fund acquires majority share in Colnago

Chimera Investments, an Abu Dhabi investment fund, has acquired a majority of the shares in Colnago. The company’s headquarters and the production will remain in Cambiago, Italy, and founder Ernesto Colnago will continue to be the “guiding force” in new developments. “Chimara Investments will give Colnago the ability to grow …

Read More »

£10 million cycling investment helps people swap four wheels for two

Highways England has delivered a £10 million boost to cycleways across the East of England in the last five years in a bid to encourage more people to out into the great outdoors and onto their bikes. As a part of Highways England’s Cycle, Safety and Integration Designated Funds programme, …

Read More »

Over half of UK residents “support more investment in cycling”

Over half of residents (58%) in UK major urban areas support more investment in cycling, compared to 42% for driving, according to a new report. The Bike Life report, published by the charity Sustrans and 12 major cities and urban areas, found that 55% of residents agreed with the statement …

Read More »

Sustainable business competition to invest over £400,000 in winners

Planet-saving start-ups and entrepreneurs can apply to win up to €500,000 (£436,000) and a place on a six-month bespoke accelerator programme. Postcode Lotteries Green Challenge, a sustainable entrepreneurship competition, is open for entries, with green start-ups and entrepreneurs based in the UK able to apply online until 1st April. Postcode …

Read More »

Local authority cycling spend at ‘just £2 per head’

Local authorities have spent on average just £2 per head of population per year on cycling infrastructure over the last ten years, according to research by Nottingham Business School, part of Nottingham Trent University. Researchers Dr Seamus Allison and Aoife Allison made freedom of information requests to 55 English Unitary …

Read More »