Latest Forest Bikes News & Updates

See the latest news and media coverage for Forest. We track all announcements, press releases, and industry mentions in real time, all in one place.

Forest Bikes (Forest)

Dockless electric bike-sharing service in London

forest.bike

Headquarters: London, United Kingdom
Founded year: 2020
Company type: Private company
Number of employees: 130–200
Industry: Passenger Transportation, Ground & Sea

Last updated October 9

Latest news about Forest Bikes (Forest)

In short: Forest raised £40 million, expanded across London boroughs, and backed unified e-bike regulation.

Company announcements

October 9 Forest

Forest discusses e bike regulation with London officials

VP Alex Berwin advocated for a TfL overseen framework at the Transport Committee to improve consistency and responsible usage.

September 29 Forest

Forest supports pan-London e-bike licensing framework

The company backs the Mayor’s open letter for a unified regulatory scheme, aiming for consistency across boroughs and long-term benefits for all Londoners after two years of campaigning.

April 28 Forest

Forest raises £40 million Series B funding

The funding includes £27m new investment from OKAI and others, supporting London expansion, infrastructure, and technology. Forest achieves 1.5 million users and 2 million monthly rides.

January 22, 2025 Forest

Forest secures £13 million in Series B funding

Funding enables fleet expansion, three new e-bike types, and R&D for sustainable growth. Forest achieved profitability in 2024.

Media coverage

April 28 Business Green

Forest secures £27m funding boost for London e-bike expansion

Company now has 1.5 million users and enables two million rides a month in London, making it the world's largest shared e-bike market...

March 17 MSN

'Checkpoint Charlie 2.0' fears as Lime loses e-bike contract to Forest

E-bike wars: 'Checkpoint Charlie 2.0' fears as Lime loses out to Forest in London borough - Richmond Council gives Forest exclusive deal after it outbids...

March 11 The Standard

Revealed: The '£3million deal' that encouraged London council to ditch Lime bikes for rival operator

Richmond councillors are due to meet on Monday evening to rubber-stamp an exclusive three-year contract with Forest that marks the latest battle in the capital's...

December 22, 2025 GB News

Electric bikes could be banned as persistent problems lead to 'final warning' for popular vehicles

She reported being disturbed at night by people collecting or returning bikes, and by riders ringing bells early in the morning. In response to the...

Never miss news about Forest

Track Forest and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Forest competitors & trending companies

Browse news for competitors to Forest and other trending companies.