What is Re-Cycle?
Re-Cycle, operating as Recovery Bike Shop, is a community-focused enterprise specializing in the sale and repair of bicycles. Their mission is to enhance urban mobility and public spaces by offering a diverse range of new and used bikes, including e-bikes, suitable for city commuting in Minneapolis. The company also provides comprehensive repair services and a wide selection of parts, aiming to foster a greater adoption of cycling.
How much funding has Re-Cycle raised?
Re-Cycle has raised a total of $57K across 1 funding round:
Debt
$57K
Debt (2021): $57K with participation from PPP
What's next for Re-Cycle?
With the recent influx of substantial expansion capital, Re-Cycle is poised for significant growth. This financing is expected to fuel strategic initiatives, potentially including the expansion of their product lines, enhancement of repair services, and broader market penetration within Minneapolis and surrounding areas. The company's focus on community empowerment and sustainable transportation suggests a trajectory towards becoming a leading regional provider of cycling solutions.
See full Re-Cycle company page