Rad Power Bikes raises $25M from Vulcan, others in rare VC bet on e-bike industry

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Rad Power Bikes Co-Founders Ty Collins, left, and Mike Radenbaugh. (Rad Power Bikes Photo)

Seattle electric bicycle maker Rad Power Bikes announced a $25 million investment round Wednesday, led by Vulcan Capital and Durable Capital Partners LP. It’s the second major fundraising round for the e-bike company, following


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