On November 15th, Harlow's daily bicycle rental orders surpassed 10 million, marking a significant milestone for the company. The number of registered users has now reached 46 million, showcasing the rapid growth of the shared bike service. As the company expands, more investors are showing interest in supporting its development.
Harlow Cycling recently secured its D1 round of financing led by Ant Financial Services, with a valuation of $350 million. This major investment came just this morning, as Ant Financial, Weimar Automobile, Capital Partners, and Fujitec all participated in the funding round. Light Source Capital acted as the exclusive financial advisor for this deal.
With the completion of this $350 million round, Harlow is well-positioned to scale its operations and maintain its competitive edge in the crowded shared mobility market. Many competitors have been caught in a costly race to expand, investing heavily in purchasing bikes, managing local markets, and maintaining infrastructure. For Harlow, this investment represents a crucial step forward, providing the capital needed to sustain growth and improve user experience.
According to the latest data, by the end of November, the company’s registered user base had grown to an impressive 80 million. This growth highlights the increasing popularity of shared bicycles and the potential for long-term success in the industry. With continued support from top-tier investors, Harlow is likely to remain a key player in the evolving landscape of urban transportation.
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A plano concave lens is an optical lens with one concave surface and one plane surface. It has a negative focal length, and can be used for light projection, beam expansion, or to increase focal length of an optical system.
Plano-concave lenses diverge a collimated beam from a virtual focus and are commonly used in Galilean-type beam expanders. Given their negative focal length and negative spherical aberration, plano-concave lenses can be used to balance out aberrations of other lenses in the system. Realpoo Optics provides plano-concave lenses fabricated from N-BK7, N-SF11, UV-fused silica, calcium fluoride, and zinc selenide etc.
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