GIN e-bikes raises €215k in debt funding to expand PLUTO e-bike subscriptions in London.
Amount Raised
€215,000
Round Type
Debt Financing
Investors
Description
GIN e-bikes has secured a €215k two-year secured loan to enhance its PLUTO e-bike subscription services in London. The funds will be used to acquire 160 new electric bicycles aimed at increasing active subscribers. Founded in 2022, GIN e-bikes pivoted to a subscription model serving urban commuters and gig workers. The startup seeks to reach 100 active users in the coming months, boosting its annual recurring revenue significantly.
Quick answer
GIN E-Bikes raised €215,000 in a Debt Financing round, dated January 6, 2026. Investors: Toloka.Vc.
- How much did GIN E-Bikes raise?
- GIN E-Bikes raised €215,000 in a Debt Financing round on January 6, 2026.
- Who invested in GIN E-Bikes?
- Toloka.Vc is named as investors in this round.
- What does GIN E-Bikes do?
- GIN e-bikes is a startup which was created in 2022 surrounding one idea: that an electric bike could be affordable while also versatile.
- Who are the decision-makers at GIN E-Bikes?
- Fundz holds 1 contact at GIN E-Bikes. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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