E-scooter firm Dott raises $70m in series B funding extension February 1, 2022 Micromobility firm Dott has raised $70m in an extension to its series B funding, after it was backed by Edinburgh-based investment firm Abrdn and Belgian holding Sofina. Following today’s cash injection, Dott’s total series B funding now stands at over $150m, in a mix of equity and asset-backed debt, including $85m that was announced last [...]
Cyclists and motorists engage in Twitter ‘war of words’ over Highway Code updates January 31, 2022 Cyclists and motorists have engaged in a war of words on Twitter, following the updates to the Highway Code. The rules – which came into force on Saturday – have established a hierarchy of road users to ensure “those who can do the greatest harm have the greatest responsibility to reduce the danger or threat [...]
UCL and micromobility operators join forces to develop e-scooter ‘universal sound’ January 28, 2022 University College London (UCL) and micromobility operators TIER, Lime and Dott have joined forces to develop an e-scooter ‘universal sound’ to alert of their approach. Endorsed by Transport for London (TfL), the project will begin next month, while trials will be conducted in the capital throughout the year. The sound will be developed taking into [...]
Have your say: TfL asks Londoners about future of A10 Bishopsgate January 26, 2022 Transport for London (TfL) is asking Londoners to weigh in on the future of the A10 Bishopsgate walking and cycling scheme. Running until 25 July, the consultation will help TfL decide whether to extend the scheme’s life span beyond the 18 months which were initially agreed upon by the governing body in December. “As we [...]
Lime invests £20m in London after hitting five million rides record January 19, 2022 E-scooter and e-bike provider Lime will invest £20m in London over the next year and a half after hitting 5 million rides. The company will use part of the funding to upgrade its network of e-scooters, bringing to market its latest model, trialled during Christmas. The new electric scooters will have a new braking system [...]
Cyclists overtake motorists on A-roads January 16, 2022 The number of cyclists has surpassed that of motorists on several UK A-roads, according to Department for Transport (DfT) data for 2020. In London, 87 per cent of traffic on sections of Lambeth Road consists of cyclists while in the City, Royal Mints Street has registered 81 per cent of cycling traffic, the Sunday Times [...]
Deliveroo partners with micromobility start up HumanForest to boost sustainable delivery January 13, 2022 Micromobility start up HumanForest has partnered with Deliveroo to boost sustainable delivery services across London. Under the new partnership, which was announced today, Deliveroo drivers will access the platform’s e-bikes by purchasing bundles of minutes when they need them, avoiding to privately purchase electric bikes. “This partnership has been designed with delivery riders front and [...]
Chris Froome suffers knee injury ahead of cycling season January 3, 2022 Chris Froome says he might have been “pushing a little too much” in pre-season as his season suffered a set back with a knee injury. The Briton, who has won the Tour de France cycling event four times said: “I’m not too sure where I’m going to start the racing season. “This is definitely going [...]
Best of 2021: Chris Froome on his quest for a fifth Tour de France, Roger Federer, and his investment in cycling tech company Hammerhead January 1, 2022 Chris Froome may now have left serial winners Team Sky (now INEOS Grenadiers) but he is still hungry for a fifth Tour de France title. Here, Froome spoke to City A.M.’s Frank Dalleres about that ambition as well as his investment in Hammerhead. Originally published on 28 May 2021. When Chris Froome talks about fighting [...]
Big Sport Quiz of 2021: How much do you remember? December 20, 2021 From teenagers sweeping to Grand Slam tennis titles to England reaching a major football final, an Olympic Games like no other and the introduction of a brand new cricket competition, it has been a hugely eventful year in sport. Off the field it has been just as transformative, with private equity and, increasingly, cryptocurrency and [...]