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LEMMO

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Generating new ideas for the electric bike industry

Berlin, GermanyFounded 2021Transportation
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for LEMMO and the history behind them.

About LEMMO

Lemmo Future is a pioneering company in the electric bike industry, blending the simplicity of cycling with advanced technology. The company offers a range of light electric micro-mobility solutions, including the LEMMO ONE E Bike and the Smartpac battery system. Lemmo Future serves urban commuters and eco-conscious consumers looking for efficient and sustainable transportation options. Operating in the electric bike market, the company employs a direct-to-consumer business model, selling its products through its website and app. Revenue is generated through the sale of bikes, Smartpac batteries, and related accessories, as well as through subscription services for additional features and support. The Smartpac battery, a key component, can be charged up to 800 times and offers a lifecycle of approximately five years. After its primary use, the battery can be downgraded for portable energy storage or recycled. Lemmo Future also provides app support for bike information, GPS tracking, and customer service, enhancing the user experience.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Berlin, Germany
Employees
18
Open positions
None listed
Dealroom signal
66.9/100
Industry
Transportation
Sub-industry
Mobility
Sector
Transportation, E-Bike, Micromobility, Sustainable Development Goals, Climate Tech, Electric Mobility
Technology
Autonomous & Sensor Tech, IoT InternetOfThings
Business model
Manufacturing, SaaS
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Jun 2024 $10M $40M Joy Capital · Cyanhill Capital ↗
EARLY VCOther financing Nov 2022 $0 — Cyanhill Capital ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

LEMMO website traffic

Latest recorded traffic for LEMMO is 69K monthly website visits, down 5.5% over the last three months. LEMMO's team declined 14.3% over the past year.

Latest monthly visits69K 3-month web change-5.5% 1-year team growth-14.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Joy Capital

Series A1 investor entered at this stage

  • Cyanhill Capital
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇩🇪 Germany77.8%
🇨🇳 China22.2%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about LEMMO on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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