Dance announced raising €15 million in Series A funding from HV Holtzbrinck Ventures, BlueYard and angel investors.
Dance, a Berlin, Germany-based startup building a bike-subscription business, announced that it secured a €15 million investment round in Series A funding.
Dance, founded in 2020 by Eric Quidenus-Wahlforss (CEO), Alexander Ljung and Christian Springub, is working for putting together a business based on a subscription for full-service, full-access electric bike.
Dance, which is manufacturing its own bikes, will be operated via a mobile app, providing access to the bike management, as well as to an all-inclusive services, maintenance and theft replacement insurance, included in the monthly subscription fee.
The service is on an invite-only mode available to Berlin people, and expected to go to market in 2021.