Velove Bikes AB is a Gothenburg company offering cargo bike last-mile delivery for businesses in urban Scandinavia.
Founded in 2015 in Gothenburg, Sweden, Velove Bikes AB provides last-mile parcel delivery using cargo bikes designed to reduce CO2 emissions. Its founders are Dennis Kanter, Johan Erlandsson and Linda Kanter, and Jonatan Schwamberg is CEO. The company raised EUR 1 million in Seed funding led by ALMI Invest as of November 4, 2019. It serves businesses in Stockholm, Copenhagen, Gothenburg, Malmö and Lund under service agreements with volume-based pricing. In 2024 it reported revenue of EUR 2,420,262.40 and EBITDA of EUR -3,008,792.20.
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