BambooBike

Electric Bamboo Bike

Automotive & Mobility Technologies
Non Active, Sep 2024 ceased to operate

Company Overview

Snapshot

Founded in January 2015 by Ophir Fromm, BambooBike had 11–50 employees. The company raised $100K across two funding rounds from one investor. In September 2024, BambooBike ceased operations.

Business overview

BambooBike manufactures lightweight, environmentally friendly electric bikes using bamboo chassis, a biodegradable and eco-friendly material. The company's products, including the TWENTIES Electric and City Electric models, are designed for durability and serve the global consumer market within the Automotive & Mobility Technologies sector, focusing on urban mobility and eco-efficient transportation.

Strategic signal

In August 2020, BambooBike announced plans to enter the Indian market with its electric bamboo bikes, signaling a strategic move towards international expansion and addressing the growing demand for sustainable transportation solutions in emerging economies.

Company Intelligence Q&A

What is BambooBike's core product offering?
BambooBike manufactures electric bikes with chassis made from bamboo, a biodegradable and eco-friendly material. Their product line includes models such as TWENTIES Electric and E-TWENTIES
When was BambooBike founded and by whom?
BambooBike was founded in January 2015 by Ophir Fromm, who also serves as CEO and CTO.
What was a key market expansion initiative for BambooBike?
In August 2020, BambooBike announced its intention to introduce its electric bamboo bikes to the Indian market, indicating a focus on international growth.
What is the current operational status of BambooBike?
BambooBike ceased to operate in September 2024.
Which investor participated in BambooBike's funding rounds?
In October 2017, Mimoona participated in a crowdfunding round for BambooBike.