Electric bike designer Cowboy, based in Brussels, announced an $80 million Series C financing milestone.
The round is led by Exor, HCVC and Siam Capital, with investments from Tiger Global, Index Ventures, Eothen, Isomer Opportunities Fund, Future Positive Capital, and Triple Point Capital. This new capital injection brings the total raised by Cowboy to $120 million and follows the launch of the Cowboy 4 in May 2021, expansion into the Nordics and the U.S., and the recent introduction of Cowboy Care, its on-demand repair and maintenance subscription service.
“I’m thrilled by the renewed support of our investors which allows us to accelerate our company growth and product innovation,” shared Adrien Roose, Cowboy co-founder and CEO. “With this new capital, we’re bringing our industrial design and technological development in-house. This will give us a further competitive edge as the most sought-after electric bike brand.”
