Angell
Designed and produced a smart bike for better mobility experience.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
€20.0m | Series C | ||
| Total Funding | 000k | ||
| EUR | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
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Angell Mobility, founded in 2018 by Marc Simoncini, is a French company positioned in the urban mobility sector with its electronically assisted bicycles. Simoncini, a prominent French entrepreneur and the mind behind the dating site Meetic, ventured into the e-bike market after identifying a gap for a high-end, technologically integrated bicycle designed for city life. The company's first model was designed by the French designer Ora-ïto, with development and engineering led by Jules Trecco.
The core business of Angell Mobility revolves around the design, production, and sale of premium smart bikes. These e-bikes are marketed as a sustainable and stylish alternative to cars for urban commuting. The company targets city dwellers who are looking for a safe, efficient, and aesthetically pleasing mode of transport. The business operates on a direct-to-consumer model, primarily selling its products through its website, and also has a flagship store in Paris. Manufacturing of the bikes, named Angell, is handled by SEB, a large French consortium, in its Is-sur-Tille factory in Burgundy.
The Angell e-bike is distinguished by its lightweight aluminum and carbon frame, weighing approximately 15.9 kg. A key feature is its integrated smart cockpit, a 2.4-inch touchscreen that provides navigation, speed, pollution index, and battery level information. For safety, the bike is equipped with integrated high-visibility lights, turn signals that vibrate the handlebars, and an anti-theft system that includes a high-intensity alarm and geo-location tracking. The removable battery offers a range of up to 70 kilometers. The company has also developed a children's bike, the Mini Angell, which maintains the design aesthetic of the adult version. In early 2023, Angell formed a partnership with the automotive brand MINI to release two limited-edition models, the MINI E-Bike 1 in Ocean Wave Green and Vibrant Silver.
Keywords: e-bike, smart bike, urban mobility, electric bicycle, designer e-bike, direct-to-consumer, lightweight e-bike, connected bike, anti-theft, sustainable transport