SMEs

Bike sharing start-up Moby raises fresh €4m from Irish investors

Clonbio boss Mark Turley and experienced tech investor Brian Caulfield pump fresh cash into the Irish ebike firm

Thomas O'Connell founder of Moby

Moby, the bike sharing start-up, has secured more than €4 million in funding from several Irish investors, including Clonbio boss Mark Turley and tech investor Brian Caulfield.

The Irish company, which was founded in 2017 by Thomas O'Connell, provides bikes and ebike for rent in Ireland, the UK, Holland & USA.

A new filing with the Companies Registration Office has shown the business raised more than €4.1 million from several investors in March.

Among the ...