
VanMoof, the Dutch electric bike brand, has been forced to declare bankruptcy after the brand's co-founding brothers, Ties and Taco Carlier, failed to find investment to save it.
In an email sent to staff, published by The Verge, the brothers said: "Over the last weeks, Ties and I have tried to find a future for VanMoof. We're extremely sorry to have to report that despite our best efforts we did not succeed and we have had to file for bankruptcy."