Zagster, the bike-share company behind the Pace brand, is launching what it’s calling Pace Parking. The idea is for it so serve as a parking platform for bikes, electric bikes and electric scooters. Pace is first launching these in Chicago, Austin and Bloomington, Ind., with the plan to launch in additional cities this year. This […]
View More Electric scooter and bike parking has arrivedCategory: PACE
Bike-sharing has blown up in the past year, but cities are wary after the mess in China
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Friday is National Bike to Work Day, but this year it’s a bit different.
It’s the first year the U.S. will celebrate the two-wheeled holiday since the inundation of bike-share companies, with dockless bicycle fleets landing in cities across America over the last 12 months.
While the shared bicycles add another convenient commuting option for riders, they’re stressing out city planners and transit departments wary of bike litter, unsafe use, and overrun streets.
Dockless — bicycles that lock to themselves or can be locked to a post or rack — app-enabled bikes, like the green bikes from Lime, yellow bikes from Ofo, red bikes from Jump, or white-and-blue colored bikes from Pace, have arrived en masse since last summer, changing up how people commute and how cities regulate biking programs. Read more…
More about Scooters, Austin, Pace, Lime, and Ofo
Layoffs at bike-share startup Zagster following $15 million raise
Zagster, the bike-share startup that raised a $15 million round last month, has laid off some employees, TechCrunch has learned. Zagster has since confirmed the layoffs, but has yet to comment on the number of those affected. “Coming off the heels of our recent financing, we’ve re-structured to accelerate expansion of Pace, with a heavier […]
View More Layoffs at bike-share startup Zagster following $15 million raiseBike-share startup Zagster raises $15 million
Zagster, the bike-share company behind the Pace brand, has raised a $15 million round led by Edison Capital Partners. The startup has also unveiled its new bike parking system for both shared and personal bikes. “Bikes have always locked to things,” Zagster CEO Tim Ericson said in a press release. “Cities have been willing to experiment with dockless bikes that don’t… Read More
The price is right! Pace raises £2.5M to automate hotel room pricing based on demand
Pace, a London startup that has developed tech that uses machine learning to let hotels set room prices dynamically based on demand, has raised £2.5 million in seed funding. The financing round is led by InterGlobe, with participation from Seedcamp, Speedinvest, and Amadeus Capital Partners. The company says it will use the new capital to invest in its tech and marketing teams. Read More