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Gethenry raises 16.5 million euros

Janina Gerhardt | 11.05.2022

Gethenry raises 16.5 million euros — Die Gründer von Cycle, ehemals Gethenry. (Foto: Gethenry)

The Berlin-based start-up rents e-bikes to delivery services such as Gorillas and Flink. Now the company is closing its seed round.

Gethenry receives 16.5 million euros in its seed round, the startup announced on Linkedin announced. The lead investor in the round is London-based VC LocalGlobe. In addition, Visionaries Club, Founder Collective, Greenpoint Partners, EnbW New Ventures and Third Sphere are also investing. In addition, angel investors Jan Dzulko, Benjamin Bremmer, Fabian Ladda, and Fredrik Hjelm and Roger Hassan participated in the round.

Luis Orsini-Rosenberg and Nikodemus Seilern founded the startup in 2018. The founders produce e-bikes and rent them to delivery companies. To do this, the startup offers its customers software to track the e-bike fleet and a service where the vehicles are serviced free of charge. Well-known delivery services such as Gorillas, Wolt, Flink and Lieferando are among the company's customers.

Currently, the company operates in Germany, Austria, Italy and France. As Techcrunch reported, the startup also plans to use the new funding to expand into Spain, the Netherlands and the United Kingdom. The company also plans to develop electronic mopeds.

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