What is Project Bike Tech?
Project Bike Tech is a nonprofit organization dedicated to fostering bike education within school systems across more than 14 states and Washington D.C. The organization's unique approach mirrors auto shop classes but is centered on bicycles, aiming to equip communities with practical skills and promote a deeper connection with cycling. Their operational model relies on donations and community engagement, actively seeking partnerships with sponsors and volunteers to further their mission of inclusivity and empowerment.
How much funding has Project Bike Tech raised?
Project Bike Tech has raised a total of $41K across 1 funding round:
Debt
$41K
Debt (2021): $41K with participation from PPP
Key Investors in Project Bike Tech
PPP
Public-Private Partnership
What's next for Project Bike Tech?
With the recent influx of substantial expansion capital, Project Bike Tech is poised for significant growth and scaling of its educational programs. This funding is expected to enable the organization to broaden its reach, enhance its curriculum, and potentially develop new initiatives that further its mission of empowering communities through bicycle education. The strategic investment at this Series B/C stage suggests a focus on solidifying its operational framework and increasing its impact across existing and new territories.
See full Project Bike Tech company page