Maeving, the leading UK electric motorcycle brand, has secured £11 million in Series A funding to accelerate its global expansion and enhance its product development capabilities.
Target Information
Maeving, the premier electric motorcycle brand in the UK, has successfully secured £11 million in Series A funding to expedite its international expansion. Established by Seb Inglis-Jones and Will Stirrup, Maeving has quickly risen to prominence as the top-selling electric motorcycle manufacturer in the UK, renowned for its innovative designs and practical features. The company was recently awarded the 'Best Electric Motorcycle' title by Motorcycle News for its latest model, underscoring its commitment to quality and customer satisfaction.
Maeving's production takes place in Coventry, where a highly skilled engineering team—composed of veterans from firms like Triumph and Peloton—works to create cutting-edge motorcycles. Notably, nearly 75% of its components are domestically sourced and fabricated in the UK, reinforcing Maeving's dedication to local manufacturing and innovation.
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Industry Overview
The electric motorcycle industry has emerged as one of the fastest-growing sectors globally, particularly in the UK, where it is rapidly gaining traction among consumers seeking eco-friendly transportation solu
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Venrex, Future Planet Capital, Elbow Beach Capital, John Ayton MBE, Simon Hill-Norton
invested in
Maeving
in 2024
in a Series A deal
Disclosed details
Transaction Size: $13M
Revenue: $7M