Finnish startup Revonte secures $2 million to ‘make e-bikes smart’

Tampere, Finland-based Revonte has raised a $2 million seed round following the recent public release of their first e-bike drive system, dubbed Revonte ONE. Founded in 2018, Revonte’s seed investment round was led by Maki.vc, joined by Butterfly Ventures and a group of angel investors, and brings the total investment to $2.4 million. The startup […]

Ornikar raises €10 million for its online driving school

French startup Ornikar, which provides online resources for people learning to drive, has raised €10 million from Idinvest Partners, Partech Ventures, Elaia Partners, and Brighteye Ventures. The startup provides lower cost online-based driving and road safety tutorials. It currently has 200,000 users and operates in 250 cities in France. The new funds will be used […]

German e-bike drive makers Fazua raises €6.5 million

Munich e-bike startup Fazua has raised €6.5 million in new funding led by Unternehmertum Venture Capital Partners with participation from High Tech Gründerfonds, Bayern Kapital, and a number of business angels. Fazua develops and builds an e-bike motor and battery drive system called evation. According to the company, the new funds will be used to […]

Wingly raises €2 million for its carpooling for flights service

Flight sharing platform Wingly has raised €2 million in a seed round from former German vice chancellor Philipp Rösler, former Daher Socata CEO Stephane Mayer, and VC firm Howzat Partners. Sometimes described as carpooling for flights, the UK-based startup connects private pilots with passengers. Pilots list routes that they are flying and available seats. The […]