Forest

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 million
• Sector: Logistics & Transport
• Advisor: N/A
• Key Entities: HumanForest (Target), TheVentureCity's Founder Laura González-Estéfani, Cabify Co-founder Vicente Pascual, LarrainVial, Santa Cecilia, Triodos Bank UK (Investors)
• Location: London, UK

Note: 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.