NEXT Electric Motors — Seed · €1M

NEXT Electric Motors raised €1M to accelerate its 2023 expansion, with Kereon Partners doubling down after first backing the company in 2020. Roughly half the €1M was equity fully subscribed by Kereon Partners and the rest came from an ENISA participative loan plus bank financing (not announced as separate rounds); funds went to hiring, widening the model range and international operations across ten European countries. Press describes the company as Alicante-based, though its startup registrations list Valencia/La Marina de València.