Electric bike-sharing startup Wheels raises $50 million in latest funding round

Electric bike-sharing startup Wheels said it has raised more than $50 million in its latest funding round led by venture capital firm DBL partners, as the company looks to expand into the U.S. and international markets. DBL Partners’ founder and managing partner Ira Ehrenpreis, who is also a board member at Tesla Inc (TSLA.O), will join Wheels’ board, a source familiar with the matter told Reuters on Tuesday.



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