Forest

Investor: OKAI

London-based micromobility firm Forest has successfully completed its Series B funding round, securing a total of £40 million to accelerate its expansion and enhance its e-bike infrastructure across the capital.Summary of transaction details:Value: £40,000,000Sector: Logistics & Transport (Micromobility)Advisor: Not specifiedKey Entities: Forest (Target), OKAI (Lead Investor), B8 Venture Partners, Fen Ventures, Güil Mobility Ventures, Fintex Capital (Investors)Location: London, UKNote: This funding round underscores investor confidence in Forest's established market leadership in London's shared e-bike sector and its strategic commitment to sustainable urban transport, technology innovation, and infrastructure development, including a strategic partnership with its e-bike manufacturer, OKAI.

Investor: TheVentureCity's Founder Laura González-Estéfani, Cabify Co-founder Vicente Pascual, LarrainVial, Santa Cecilia, and Triodos Bank UK

HumanForest, a London-based e-bike operator, has successfully raised £12 million in a Series A funding round. This investment comprises a £5 million project finance facility from Triodos Bank UK and £7 million in equity from various investors, bringing the company's total funds raised to £17 million.Summary of transaction details:Value: £12 millionSector: Logistics & TransportAdvisor: N/AKey Entities: HumanForest (Target), TheVentureCity's Founder Laura González-Estéfani, Cabify Co-founder Vicente Pascual, LarrainVial, Santa Cecilia, Triodos Bank UK (Investors)Location: London, UKNote: The funding is earmarked to double HumanForest's e-bike fleet in London to meet escalating demand and to further develop its advertising technology platform and user application. This strategic investment aims to consolidate HumanForest's market position and expand its operational footprint within the city.