Boutqiue ebike maker Cowboy bags 5M as it races to do what VanMoof couldn t
Get the Full StoryBelgian ebike maker Cowboy has bagged 5mn as it looks to achieve full-year profitability next year and not suffer the same fate as VanMoof. The funding round was led by Cypress Capital, a Hong Kong-based VC with strong ties to Taiwan, the global hub of bicycle manufacturing. Cypress Capital is not just a financial investor which is great to have as well, especially in this climate but a strategic one, Cowboy s founder and CEO, Adrien Roose, told TNW. While Cowboy s hyper-connected ebikes are assembled in Europe, it sources about half of its parts from Taiwan, Roose said. This story continues at The Next WebShare: