Victory french cycling! edge abyss,: This article explores the topic in depth.
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Victory french cycling! Moreover, edge abyss,:
It is a new chapter that opens for Angell. Therefore, After months of uncertainty, the startup of electric bikes founded by Marc Simoncini finally escapes liquidation. Therefore, The Bobigny Commercial Court had validated the takeover by Rebirth in mid-July. However, and the agreement has just been signed by all parties.
A symbolic recovery. Nevertheless, a sacrifice for Simoncini – Victory french cycling! edge abyss,
Marc Simoncini will not have saved his investment, but he will have saved the business. Moreover, The entrepreneur agreed to give in Zebra. In addition, Angell’s parent company, for a symbolic euro in Rebirth, French specialist in electric bicycleaccording to the exclusive information of Capital. Consequently, With this acquisition. the group chaired by Grégory Trebaol adds a ninth brand to its wallet, already composed of Peugeot, Solex, Gypsy, Matra or Easybike.
This acquisition marks a turning point. Rebirth supports the brand and its debts victory french cycling! edge abyss, around 1.7 million euros. The next models will be produced in its Romilly-sur-Seine factory, already used to making connected bikes. “” My investment is lost. but it is the price to pay to save the rest », Confides Marc Simoncini, relieved to see the Angel adventure Do not end in a pure and simple liquidation, to our colleagues.
From promise to debacle: Angell’s chaotic journey
The story of Angell had however started under the best auspices. Presented in 2019 as ” The iphone of the bicycle », The two-wheeler wanted to embody the future of high-end urban mobility. Marketing in 2020, however, coincided with the pandemic, causing victory french cycling! edge abyss, delivery delays and supply problems. The first versions also suffered from technical dysfunctions.
Despite a fundraising of 20 million euros in 2023. a partnership with BMW to design the Mini E-Bike, the startup was quickly caught up in its difficulties. In the fall of 2024, a structural defect forced Angell to recall 5,000 bikes. The company, already in deficit in 2022 and 2023, no longer had the means to hold. In January 2025, she announced that she was in cessation of payment.
And now ?
With the takeover by Rebirth, the 19 Angell employees join the group’s teams. On the customer side. an ad is expected at the victory french cycling! edge abyss, start of the school year: The 2,800 defective bike owners will be offered a repair, an exchange or a voucher. Rebirth will also have to find a litigation opposing Angell to his former industrial partners, including Seb.
- Angell. the startup of electric bikes founded by Marc Simoncini, escapes the liquidation thanks to its resumption by the Rebirth group for a symbolic euro.
- The company. which had raised 20 million euros and established a partnership with BMW, had collapsed after the recall of 5,000 defective bikes.
- The 19 employees join Rebirth and the customers concerned should benefit from a repair, exchange or voucher solution in September.
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