Alicante electric motorcycle company Next Electric Motors He raised one million euros, with the predictors accelerate the expansion This is practice. A fund-led investment Kereon PartnersAs reported by the company itself, which has already entered the capital of the company in 2020.
The company makes this money talent acquisition, expand your range Creating and reinforcing models international operationswhere they already exist Spain, Portugal, France, Belgium, Netherlands, Switzerland, Germany, Italy, Malta and Greece.
According to the firm, in 2022 Next Electric Motors has grown exponentially. triple your billing According to the company, it is nationally and internationally, thanks to new models released such as the Next Mojito, which turned into a sales success in less than a year.
In 2023, plans to launch venture two new models equivalent to 125 cubic centimeters to continue growing and attracting the growing mass of electric motorcycles. In this way, the new NX2 will be a high-performance GT scooter for those who do not give up on the sportiness of the electric motorcycle, and the NXPlus will be an urban scooter designed for the professional market.
Next Electric Motors came about when Miguel Hernández contacted them at the University Science Park of Elche. Xulei Xu and Antonio Navarro Those who got there with the same business idea as launching an electric motorcycle brand that can compete in price and performance with combustion models.
His idea succeeded in seducing those responsible for Lanzadera (Juan Roig’s business accelerator), where they spent the first two years of their lives, and then, Basque family office Kereon Partners, At the end of 2020, signing the first funding round of 500,000 euros for the start-up.
Their first publication was funded by a company. pre-sale campaignThey managed to sell 33 units, even before they produced the first motorcycle, when it only existed on paper.
Also, the company was clear from the very beginning about the need to expand into foreign markets, a strategy they have followed throughout these years.
Regarding the million euros raised, half of the funds raised came from private equity fully committed by Kereon Partners, with the rest of the funds Participatory loan and bank financing from Enisa.