2 years ago

Skarper Secures £4 Million to Transform Bikes into E-Bikes

  • Skarper, a London-based startup that converts regular bikes into e-bikes in seconds, has secured £4 million in Series A funding

  • Led by MMC Ventures, the round also included participation from Maven Capital Partners, Scottish Enterprise, BGF, and Par Equity

  • The investment will support Skarper's expansion into new markets and the development of its technology

  • The company's patented system utilizes a lightweight, portable motor unit that attaches to the bike's rear wheel, providing assistance for uphill climbs and increased speed

  • Skarper's innovative approach aims to make e-bike functionality accessible to a broader range of cyclists, offering a convenient and affordable way to enhance their cycling experience.

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