What is Tern Bicycles?
Tern Bicycles specializes in the design and manufacturing of electric bikes, cargo e-bikes, and folding bikes, focusing on providing reliable and family-friendly transportation. Their comprehensive product line caters to a wide array of riding needs, from personal commuting to carrying children, pets, or substantial cargo. Emphasizing safety and durability, Tern Bicycles backs its quality craftsmanship with a 10-year warranty on its e-bikes, reinforcing its mission to encourage a shift from driving to riding.
How much funding has Tern Bicycles raised?
Tern Bicycles has raised a total of $4.3M across 1 funding round:
Unspecified
$4.3M
Unspecified (2013): $4.3M, investors not publicly disclosed
What's next for Tern Bicycles?
With the recent major strategic investment, Tern Bicycles is poised to accelerate its expansion and innovation in the burgeoning e-bike sector. The company's focus on versatile, durable, and family-oriented electric mobility solutions aligns with growing global trends towards sustainable transportation. This capital will likely fuel advancements in product development, enhance manufacturing capabilities, and broaden market reach, solidifying Tern Bicycles' position as a leader in eco-friendly personal transport.
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