Rad Power Bikes gathers $154m

Rad Power Bikes, an ebike company, has raised $154 million in funding.

Rad Power Bikes, an ebike company, has raised $154 million in funding. Fidelity Management & Research Company LLC led the round with participation from T. Rowe Price Associates, Inc., Counterpoint Global (Morgan Stanley), Vulcan Capital, Durable Capital Partners LP and TPG’s The Rise Fund.

Source: Press Release