NEXT Electric Motors — Seed (estimated) · €500K

The Lanzadera-accelerated electric motorcycle startup closed a €500K round fully subscribed by Basque VC Kereon Partners, its first institutional investor. The money funded expansion in Spain and Europe (the NX1 was already selling in the Netherlands and Germany, with ~400 units sold) and development of a 125cc-equivalent model; prior support came from the Lanzadera accelerator (joined January 2018) and the Órbita programme, neither announced as a funding round.