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Life EV → Rad Power Bikes$13.2mAsset purchase
Acquirer · Corporate

Life EV

1Exits tracked$13.2mDisclosed value$13.2mMedian price0Acquihires
Photo: Addmotor Electric Bikes / Wikimedia Commons, CC0
Mobility & logistics · Seattle

Life EV wins bankrupt Rad Power Bikes' assets with a $13.2 million bid

The Seattle e-bike maker, valued at $1.65 billion in 2021 after raising about $329 million, sold for a fraction of that in a five-bidder bankruptcy auction.

Price$13.2mRaised$329mLast stageStage n/aBuyer typeCorporate
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26 JanLife EV → Rad Power BikesSeattle · Stage n/a · raised $329m$13.2m< $50m