eMovly operates a branded electric delivery fleet platform that designs, deploys and leases electric delivery bikes through partnerships with courier and food delivery networks. Founded by Johan Steyn and headquartered in the United Kingdom, the company reports operations and partnerships across the Gulf region, Europe, North America, Asia (including China) and Southern Africa. Its business model includes leasing arrangements, operational partnerships, and an individual participation feature that allows people to co‑own bikes starting from $270. eMovly plans to use recent investment to grow its active fleet, expand warehouse capacity, and strengthen infrastructure and partnerships across key international logistics markets. The company said it is positioning itself to meet urban delivery demand and is pursuing additional partnerships, with ongoing discussions in the United States and Germany. No revenue or valuation figures were disclosed in the announcement.

Total raised

$47M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026