VVelca
Velca is a Spanish brand of 100% electric motorcycles and mopeds for urban mobility, founded in 2020 in Madrid by former employees of the Swedish micromobility unicorn Voi. It designs and sells models such as the Tramontana, Calima, Vortex and EON with removable batteries chargeable from any household socket, distributed through 80+ points of sale in Spain and a network of 350+ affiliated workshops. It raised a €5.3M Series A in November 2023 (a €3.5M equity increase plus ENISA and bank financing) led by Sherry Ventures, Noso Capital and BeHappy Investments, holds roughly a 16% share of the Spanish electric motorcycle market, and is expanding into France, Germany and Italy.
SectorsMobility, Electric Vehicles, Consumer Hardware, Manufacturing, Sustainability
Start-up MapMobility & Logistics › Vehicle & fleet manufacturing
Founders
E
Emilio Froján Fernández
CEO & Co-founder
J
Jose Manuel Campillo Álvarez
Co-founder (CMO)
Global models 5
OOla Electric
India · www.olaelectric.com ↗
Designs and sells its own electric scooters and motorcycles to urban consumers under its own brand, the same OEM brand model as Velca at far larger scale.
~$1.2BComparable
A
Ather Energy
India · www.atherenergy.com ↗
Designs and sells premium urban electric scooters through its own retail and service network, matching Velca's branded e-two-wheeler model.
~$500MComparable
GGogoro
Taiwan · www.gogoro.com ↗
Sells its own electric scooters with removable batteries to urban riders, though it adds a battery-swap subscription on top of hardware sales.
~$480MComparable
ZZero Motorcycles
United States · www.zeromotorcycles.com ↗
Designs and sells its own electric motorcycles through a dealer network, like Velca's model of selling through points of sale and affiliated workshops.
~$300MComparable
UUltraviolette
India · www.ultraviolette.com ↗
Designs and sells its own electric motorcycles under its own consumer brand, the same OEM model as Velca.
~$150MComparable
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Notes: Most funded first
Investors 16
Open as list →
BBeHappy Investments
behappyinvestments.com
N
Noso Capital
nosocapital.com
SSherry Ventures
www.sherry.ventures
SSEGO Venture
www.segofinance.com
CCrowdcube
www.crowdcube.com
EENISA
www.enisa.es
R
René de Jong
H
Hugo Arévalo
T
Tom Horsey
C
Carmen Lence
F
Fredrik Hjelm
I
Ignacio Rivera
J
Jesús Alonso Gallo
J
Jesús Esmoris
J
José Manuel Calderón
M
Marián Mouriño
Funding rounds 6
·1 not counted| Date | Round | Amount | Lead |
|---|---|---|---|
| 2026-04-08 | Series A (estimated) | — |
Lead not disclosed
+5 more
|
| 2023-11-29 | Series A | €3.5M |
Sherry Ventures, Noso Capital, BeHappy Investments
+3 more
|
| 2023-05-23 | Seed (estimated) | approximately €1.2M |
Lead not disclosed
+1 more
|
| 2021-07-02 | Seed (estimated) | €2.1M |
René de Jong
+5 more
|
| 2020-09-17 | Seed (estimated) | €750K |
René de Jong
+3 more
|
| 2020-03 | Pre-seed | approximately €120K | Lead not disclosed |
News 1
Open as list →| Published | Article |
|---|---|
| 2023-11-30 |
Madrid-based electric mobility Velca raises €5.3 million to set the grounds for international expansion in France and Germany ↗
EU-Startups
2023-11-30 |