BambooBike
Electric Bamboo Bike
Company Overview
Snapshot
Founded in January 2015 by Ophir Fromm, BambooBike is a non-active startup with 11–50 employees. The company has raised $100K across two funding rounds. In September 2024, BambooBike ceased to operate.
Business overview
BambooBike manufactures lightweight, environmentally friendly electric bikes constructed from bamboo, a biodegradable and eco-friendly material. The company's core technology centers on a durable bamboo chassis designed for longevity across various weather conditions. BambooBike operates in the Automotive & Mobility Technologies sector, specifically within Urban Mobility and Eco-Efficient Transportation, targeting consumers in the micromobility market with products like the TWENTIES Electric and City Electric bikes.
Strategic signal
In September 2024, BambooBike ceased operations, indicating a significant shift in its business trajectory. This development signals to investors and innovation teams that the company is no longer active in the electric bamboo bike market, despite its earlier focus on sustainable transportation solutions.
Log in to access full profile ›Company Intelligence Q&A
- When was BambooBike founded?
- BambooBike was founded in January 2015 by Ophir Fromm.
- What is BambooBike's operational status?
- BambooBike is a non-active company, having ceased operations in September 2024.
- What is the primary material used in BambooBike's products?
- BambooBike primarily uses bamboo, a biodegradable and eco-friendly material, for the chassis of its electric bikes.
- What was a key market expansion initiative for BambooBike?
- In August 2020, BambooBike was preparing to introduce its electric bamboo bikes to the Indian market.
- Which investor participated in BambooBike's October 2017 crowdfunding round?
- In October 2017, Mimoona participated in BambooBike's crowdfunding round.