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French e -motorcycle start -up angel is approaching bankruptcy

TechBrunchBy TechBrunchJanuary 24, 20253 Mins Read
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Angell, a French smart electric bike motor -up, announced in an email to customers that the company has declared bankruptcy and is approaching the court to calculate the judiciary.

“Angell is over,” said Marc Simoncini, a co -founder and CEO of the company on Instagram. (He is also a French judge in Shark Tank.) “Despite the incredible work of all employees, the hardware problem ends the adventure. I did.

Originally established in 2019, Angell has started to create an electric bicycle with several smartly connected functions. The original motorcycle packed a small color touch screen in the center of the handlebar, displayed related information, and indicates the direction of the turnburn. You can also connect to your mobile phone using Bluetooth.

The integrated rock, alarm system and incorporated GPS chips and cellular modems have competed with other European smart bike manufacturers, such as Cowboy and VanMoof. It is also worth noting that Van Morf itself had to apply for bankruptcy in the Netherlands in 2023. Currently, a new owner is trying to restart the brand.

In the all -in -one package, Angell was suffering from reliability issues. E -mail to customers explained that the latest issue on the first generation bicycle was a straw that broke the camel back.

“The vulnerability of bicycle frames represents the risk of damage,” he wrote. “We understand that it is a defect related to the frame manufacturing process and more accurately related to the welding of the tube.”

Angell does not manufacture its own bicycle. Instead, we outsource the manufacturing process in partnership with ALL-CLAD, KRUPS, Moulinex, Rowenta, and French industrial company SEB behind Tefal. Similarly, we have cooperated with Kickmaker, a third -party design company.

In the remaining emails, Angell tries to shift responsibility to these two partners for these strict design defects. Nevertheless, Angel is financially responsible for these incorrect bicycles because it was the company that sold these bicycles. Remember up to 7,000 bicycles or refund customers.

However, these two options seem to be too expensive for startups because the company has selected bankruptcy processes. There are probably other cases that judge who is responsible for manufacturing issues between Angell, SEB, and Kickmaker.

Regarding Angell Bike owners, those who own the first generation bicycles remain a bicycle that is not safe to ride. The company says that the server may turn off at a certain point, and recent Angell Bikes customers are also affected. Expect that it will not affect electric support and smart locks.





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