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.