Velca — Series A · €3.5M

Electric motorcycle and e-bike maker Velca closed a €5.3M Series A package co-led by Sherry Ventures, Noso Capital and BeHappy Investments to expand into France, Germany and Italy and launch new vehicles. The figure comprises a €3.5M capital increase (including funds raised via the SEGO Venture crowdfunding platform), a €600k Enisa participative loan and €1.2M in bank financing from Santander and Sabadell. The amount recorded is the €3.5M capital increase: the Enisa loan is filed separately as a public loan, and the bank financing is not counted.

LeadSherry Ventures, Noso Capital, BeHappy Investments RoundSeries A Announced29 Nov 2023 CityMadrid SectorMobility & Logistics · Electric mobility Source