Sushi Bikes has found a buyer following its insolvency proceeding. Effective February 1, 2026, the newly founded Sushi Bikes GmbH is taking over the operational business of the Munich startup. The company belongs to the Wealth Collect Holding.
For Sushi Bikes, the sale means the continuation of business operations under a new ownership structure. According to the insolvency administrator, production and sales have continued throughout the past three months during the ongoing proceeding.
Continuation of operations
Björn Hellfeld, insolvency administrator of Sushi Mobility GmbH, says:
“We managed to develop a solution in a very short time that secures jobs and enables the continuation of the Sushi Bikes brand under new management.”
Andreas Weinzierl founded Sushi Bikes in 2019 in Munich. The startup develops and sells e-bikes for urban use. According to the company, it has sold more than 40,000 bikes to date and has established a relevant market position in direct sales.
Recently, the Munich startup came under pressure. The company cited rising production and financing costs as well as cautious consumer sentiment as reasons. Despite discussions with existing and new investors, no further financing was secured. As a result, Sushi Bikes filed for insolvency.
With the sale, a well-known brand from the Munich startup ecosystem remains on the market. The parties involved are not disclosing the purchase price and financial terms. It also remains unclear whether and to what extent the existing team will be retained and what operational adjustments are planned.
New ownership structure from February 2026
For Sushi Bikes, this means future integration into a corporate group with stakes in various business models.
Andreas Weinzierl, founder and managing director of Sushi Bikes, says:
“True substance is not demonstrated in the first wave of success, but in how you emerge from a valley.”
The past months have shaped the company. Sushi Bikes now wants to continue working on a more stable financial foundation and develop the brand for the long term.
With the takeover, the insolvency proceeding for the Munich startup ends as the company continues under new ownership.
