Overview
- The Barcelona-based electric motorcycle maker closed an internal, invite-only equity round led mainly by existing shareholders, with a select group of MotoGP-linked investors joining.
- CEO Anton Wass said the transaction was completed within a couple of weeks at a “very attractive valuation” offered to prior backers.
- The company says total capital raised now exceeds €100 million, while it did not disclose the specific size of the latest round.
- Stark plans to use the funds to scale distribution beyond its current reach in over 70 countries and to develop new product platforms, with street-oriented models teased but not yet detailed.
- Stark reports sustained profitability within its sixth year and two years after first deliveries, and notes that Eicher Motors led its previous financing round.