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Introduction of simple, intelligent third-generation electric bicycle, “Cowboy” $26 million Round B financing

pxidw 2020-07-27 189 times

Belgian Cowboy has raised $26 million in A Round of B financing from Exor Seeds, HCVC, Isomer Capital, Future Positive Capital and Index Ventures, according to foreign media reports.With the money raised, the company plans to hire more than 30 employees over the next six months, expand its pilot network and work with Flex to scale up production.

Cowboy is an electric bicycle startup founded in 2017 and headquartered in Brussels, Belgium, co-founded by Adrien Roose, Karim Slaoui and Tanguy Goretti, aiming to provide consumers with quality electric bikes for their convenience.

Introduction of simple, intelligent third-generation electric bicycle, "Cowboy" $26 million Round B financing

Cowboy, in addition to designing and selling electric bikes, is a service company.Cowboy has also set up repair centres and offered test rides to potential customers in dozens of European cities.

Cowboy's electric bicycle has the characteristics of light weight, fast speed, high safety coefficient and humanized design. The company also recently released the third generation of flagship bicycle, which will be upgraded from the original basic version.

The Cowboy3's biggest highlight is its triangular aluminium frame, bold-shaped lights, carbon-fibre belts and customised tyres with a puncture proof layer and removable batteries.The body is simpler in design, with no gears or buttons to control the motor.When the user starts to pedal, the motor starts automatically.

Introduction of simple, intelligent third-generation electric bicycle, "Cowboy" $26 million Round B financing
Cowboy also has an electronic component that allows the user to connect to the phone via Bluetooth and then use the phone to automatically unlock and lock the bike.Cowboy can also automatically detect the speed and pedal power of the e-bike and notify the emergency contact immediately if the user's e-bike is hit.

Cowboy has also entered into a partnership with Qover to provide consumers with insurance products.Owners pay €8 a month to have anti-theft insurance and be notified in real time if someone tries to steal the car.Owners pay €10 a month and receive compensation for damage.

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