Michael Johnson

Subscription e-bike startup Zoomo cuts jobs again after raising $24 million

E-bike subscription startup Zoomo cut 27 roles in its second restructuring in six months, weeks after client Milkrun's collapse, and disclosed a previously unreported $24 million raise led by Grok Ventures and the CEFC.

Also Techboard

Aussie e-bike subscription startup rides away with $16 million in funding and a brand new name to boot

E-bike subscription startup Bolt Bikes has raised $16 million and rebranded as Zoomo, with co-founders Michael Johnson and Mina Nada citing rapid growth and overseas expansion during the pandemic.

Also Startup Daily

Bolt Bikes launches e-bike subscription platform for gig delivery workers in US, UK