Lug+Carrie Raises $5 Million Ahead of US Expansion

Woman and two children riding a bike

Melbourne, Victoria Melbourne-based e-bike subscription provider Lug+Carrie has secured $5 million in bridge funding, as it prepares for expansion into the US and other new markets. “Lug+Carrie have major plans to expand their business and will be launching in the United States via a soon-to-be-announced joint venture with one of their investment partners.” Lug+Carrie says…