What is HumanForest?
HumanForest is dedicated to revolutionizing urban mobility by offering a sustainable and convenient alternative to traditional transportation. The company operates a fleet of shared electric bikes, accessible via an app, which are powered entirely by renewable energy sources. This eco-friendly approach aims to reduce carbon emissions and promote greener commuting habits within cities. By focusing on accessible, app-based rentals, HumanForest addresses the 'first and last mile' problem, making short-distance travel more efficient and environmentally conscious. The company actively partners with municipalities to integrate its services and expand urban mobility infrastructure, fostering a more sustainable urban ecosystem.
How much funding has HumanForest raised?
HumanForest has raised a total of $77.6M across 3 funding rounds:
Seed
$2.4M
Series A
$21.2M
Series B
$54M
Seed (2020): $2.4M, investors not publicly disclosed
Series A (2023): $21.2M led by Triodos Bank UK, Güil Mobility Ventures, and Fen Ventures
Series B (2026): $54M supported by Fen Ventures, Fintex Capital, B8vp, OKAI, and Güil Mobility Ventures
Key Investors in HumanForest
Fen Ventures
Fen Ventures is an early-stage investment firm focused on partnering with Spanish-speaking Latin American tech entrepreneurs to reshape the global future. They invest in startups across various sectors, including Fintech, SaaS, and Biotech, while providing dedicated support beyond capital.
Fintex Capital
FintexCap is a premier alternative credit manager that offers tailored lending solutions for borrowers and predictable returns for investors. The company specializes in private debt, providing structured loans to support growing companies, particularly in specialty finance and asset-backed lending.
B8vp
B8 Venture Partners specializes in investing in high-growth technology ventures, focusing on early-stage companies typically at Series A. The firm aims to connect founders and investors to foster impactful and innovative solutions, particularly in the Middle East.
What's next for HumanForest?
With the recent major strategic investment and substantial overall capital, HumanForest is well-positioned for significant growth and scaling of its operations. This infusion of funding is expected to facilitate the expansion of its e-bike fleet, further penetration into key urban markets, and continued development of its technology platform. The company's commitment to sustainability and renewable energy aligns with growing global demand for eco-friendly transportation solutions, suggesting a strong trajectory for future development and market leadership in the shared micro-mobility sector. Strategic partnerships and technological advancements will likely be key drivers as HumanForest aims to solidify its position as a leader in green urban transit.
See full HumanForest company page