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Bloom is reinventing how e-bikes are made in the US

A new Detroit-based startup called Bloom thinks it has the answer to help micromobility startups by taking on all behind-the-scenes work.

The “silly and scary” flood of VC money into the space over the last few years caused a lot of waste and collateral damage, Kosmides tells TechCrunch. The trouble continued into early 2024, when boutique electric motorcycle and bike outfit Cake filed for bankruptcy so suddenly that it sold its US inventory to a mobility shop owner in Florida. Colosimo says he’s talking with Bloom about manufacturing future bikes, mostly because Land already has a space in his hometown of Cleveland, Ohio that’s tooled up and ready to build the first run.

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