Caroline Seton: Kiwi woman fundraises 1.2 million pounds while in MIQ

Published: Nov. 30, 2020, 2:25 a.m.

A returning Kiwi has used her time in MIQ to raise 1.2 million pounds towards a new shared-bike scheme.
The app, HumanForest, allows users to unlock a bike and ride for ten minutes for free, in return for ads shown in the app when it opens.
It's co-founded by Caroline Seton, a Kiwi who's returning from overseas and currently crowd-funding for the company's next step.
She told Mike Hosking that this is her first foray into start ups. 
Seton says that the 10 minute time limit is free, and then people would pay for the rest of their time - but the average bike ride in London is 14 minutes. 
"It's really making what was previously quite expensive quite affordable."
Seton says she had moved back here for good, and she hopes to explore launching the app in Australasia. 
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