Mike Radenbaugh
Mike Radenbaugh is currently the co-founder at Rad Power Bikes, a startup he founded and where he remains active.
Rad Power Bikes — once a $1.65B e-bike unicorn — files Chapter 11 after CPSC battery-fire recall and January 2026 warehouse blaze
Rad Power Bikes grew rapidly to a $1.65 billion valuation and dominant North American market share but collapsed after leadership exits, executive turnover, layoffs, a CPSC battery-fire recall in November 2025, Chapter 11 bankruptcy in December 2025, and a Huntington Beach warehouse fire in January 2026.
Life EV Acquires Rad Power Bikes for $13.2M, Preserves Brand After Bankruptcy
Life Electric Vehicles Holdings completed the $13.2 million acquisition of Rad Power Bikes' assets following Rad's bankruptcy, preserving the brand and planning U.S. expansions. The South Florida company intends to maintain Rad's retail presence and enhance product innovation and assembly quality.
Life Electric Vehicles Wins $13.2M Bid for Rad Power Bikes Assets in Bankruptcy Auction
Rad Power Bikes, once valued at $1.65 billion, auctioned its assets for $13.2 million as part of bankruptcy proceedings, with South Florida-based Life Electric Vehicles winning the bid pending court approval. Life EV will acquire Rad's inventory, intellectual property, and liabilities, while Rad's future brand status and employee impact remain uncertain.
Organizations
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Rad Power Bikes Co-founder · current
