BENTONVILLE, USA - Open to companies based in North America, Europe, and Asia, an innovative program dedicated to promoting 10 tech startups focused on cycling has been initiated by the Arkansas Global Cycling Accelerator (AGCA). The accelerator will offer a 10-week hybrid program designed to support cycling-related tech innovation.

LILLE, France - Decathlon Pulse, the investment arm and start-up studio of retail giant Decathlon, and Rebike, well known in the DACH region (Germany, Austria and Switzerland) for the refurbishment and sale of second-hand e-bikes, have teamed-up through an investment to boost refurbished e-bike sales in Europe.

DHAKA, Bangladesh - Known as a manufacturer of textiles, garments, lingerie and chemicals, Panam Group diversified into the production of bicycles a year ago. The company is keen to expand into newer sectors and found bicycle production and its exports a potential area thanks to the favourable duty structure for Bangladesh-based bicycle exporters to the European Union (EU).

DHAKA, Bangladesh - A growing number of suppliers of bicycles and various components to the European market have recently invested in production in Bangladesh. The country is already home to a few key global bicycle joint ventures. Now other Asian suppliers to Europe are also investing into production facilities considering low cost of production like low labor costs and duty exemptions for exports to Europe.

AMSTERDAM, the Netherlands - Support from Pon.Bike makes it possible for Ziemi to venture its innovative bicycle lighting system into international markets. Pon.Bike is, among others, the largest of seven parties that recently participated in an investment round raising €300,000.

LONDON, England - Skarper, which was founded in 2020, has secured £4.5m (€5.1 million) in additional financing from a syndicate of prominent investors for developing its portable drive system. The start-up will use the investment to deliver its first products to the market in Q4 of this year.