New finance allows HumanForest to double the size of its London e-bike fleet

HumanForest, London’s most affordable and environmentally responsible e-bike company, has raised £12m in a Series A funding round, bringing its total funds raised to £17m. The funding includes a £5m project finance facility from sustainable finance specialist Triodos Bank UK, as well as investment from venture capital firms and existing investors. The Triodos Bank-backed funding will enable HumanForest to double the size of its London fleet to meet growing demand for its services. The company has quickly grown market share in London since its launch 18 months ago, growing on…

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