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Cowboy raises $80M to take its e-bike business up a gear


The pandemic spurred a boom in electric bikes and other alternative urban transportation modes as city dwellers looked for less-crowded ways to get around their streets quickly and easily without resorting to cars. Now, one of the companies that benefitted from that trend is announcing a big round of funding to expand its business. Cowboy, a Brussels-based startup that makes e-bikes and an accompanying app to manage various services related to them, has raised $80 million in a Series C round of funding.
Exor, HCVC and Siam Capital co-led the investment, with Tiger Global, Index Ventures, Eothen, Isomer Opportunities Fund, Future Positive Capital and Triple Point Capital also participating. Cowboy — which has raised $120 million to date — is not disclosing its valuation, nor any sales numbers, but it says that it’s on track …

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