Raw Ventures, Ada Ventures lead Tyred’s GBP 2.5 million funding round

• Tyred raised GBP 2.5 million in a private funding round led by Raw Ventures with Ada Ventures, targeting UK and European expansion.
• London-based mobility tech startup building an AI-powered cycling ownership platform that consolidates maintenance, repairs, insurance, warranty management, financing.
• Platform uses embedded IoT devices to capture bike performance data, enabling predictive maintenance analytics intended to improve reliability, lower operating costs.
• Tyred runs a large London bike maintenance operation, servicing over 100,000 bikes in the past year.
• Supports Lime’s London fleet of about 50,000 bikes with maintenance and battery swapping, giving Tyred a commercial foothold in shared mobility.

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