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Smart electric bike startup Cowboy breaks records, becomes Crowdcube’s most successful cleantech campaign

Editorial team by Editorial team
January 10, 2020
in (Crowd)funding, News, Startups, Travel & Mobility
Smart electric bike startup Cowboy breaks records, becomes Crowdcube’s most successful cleantech campaign
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Headquartered in Brussels, Cowboy is a Belgian designer that is developing innovative electric bikes for urban riders. Founded in 2017, the company aims to improve urban mobility and take commuters to their destination in a more enjoyable, sustainable, and efficient manner.

Secured impressive €4.3 million!

Recently, the Belgian company has secured an impressive £3.7 million (approx €4.3 million) with four days of its crowdfunding still to go. The maker of the world’s best-connected e-bike has funded 308% of its original target of £1.2m, which was reached in just 12 minutes, making it Crowdcube’s most successful cleantech campaign. 

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Countries invested!

Belgium, the UK, Germany, France, Luxembourg, the Netherlands, Singapore, Switzerland, Spain, and Australia. Notably, Cowboy has extended its raise to 14th January; up to then, the public can invest via Crowdcube for as little as £17, with £1,027 being the average investment to date. 

Backed by international investors!

To date, the company has raised €13.2 million from international investors (including Index Ventures, Tiger Global, and Hardware Club) in its Series A round in autumn 2018 and quickly sold out its entire stock of bikes in Belgium last year. 

This year, the company expanded into Germany, France, Netherlands, and Austria, the UK, Spain, and Italy. The startup was founded by Adrien Roose, Karim Slaoui, and Tanguy Goretti. 

Adrien Roose, Cowboy CEO, said:

“The campaign has truly exceeded our expectations and we want to thank all of our investors so far. We at Cowboy have been inspired by seeing so many international investors back the campaign. Individuals from Australia, Thailand, and South Africa are putting their faith in us, proving smarter and cleaner alternatives to mobility are resonating globally. With only five days to go, we invite other investors to join us as we continue our journey to transform urban mobility in an intuitive, modern, and stylish manner.”

Luke Lang, Co-founder, and CMO, Crowdcube, says,

“Cowboy has been a flagship campaign for Crowdcube, and it’s exciting to see how much the bikes have struck a chord with their community, and attracted new advocates globally. These gorgeous pieces of engineering have a very bright future ahead.” 

Main image picture credits: Cowboy

Stay tuned to Silicon Canals for more European technology news.

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