What is Skarper?
Founded in 2020, Skarper has established itself as a disruptive force in the eBike industry by developing proprietary technology that transforms standard bicycles into high-performance electric vehicles. Unlike traditional eBike manufacturers that focus on integrated frames, Skarper specializes in modular, adaptable hardware solutions that offer consumers greater flexibility and lower barriers to entry for electric mobility. Headquartered in London, the company operates at the intersection of consumer electronics and sustainable transportation, utilizing advanced engineering to bridge the gap between traditional cycling and modern electric transit. Its market position is bolstered by a commitment to high-quality manufacturing and strategic partnerships that facilitate large-scale production and distribution.
How much funding has Skarper raised?
Skarper has raised a total of $10.8M across 2 funding rounds:
Unspecified
$4.9M
Other Financing Round
$5.9M
Unspecified (2023): $4.9M with participation from Mobilitech Capital and Starry Group
Other Financing Round (2024): $5.9M led by Starry Group and Adjuvo
Key Investors in Skarper
Starry Group
Starry is a multinational group of contract manufacturing companies specializing in the development and manufacturing of high-quality consumer products, including technical textiles and mother & baby products. With over 20 years of experience and 8 factories across China and Myanmar, they provide comprehensive OEM manufacturing services to leading international brands.
Adjuvo
Adjuvo is a membership network that focuses on investing in and supporting innovative early-stage companies in the UK. With over 200 members, it combines expertise and resources to assist these businesses in reaching their full potential, emphasizing high-growth potential, strong leadership, and market relevance.
Mobilitech Capital
Undisclosed investor participating in the funding round, likely focusing on mobility-tech and hardware-based innovation.
What's next for Skarper?
With the successful closure of this major enterprise-level funding round, Skarper is expected to pivot toward aggressive market penetration and supply chain optimization. The strategic involvement of manufacturing-focused partners suggests a clear roadmap for scaling production capacity to meet rising consumer demand for affordable, retrofittable electric solutions. Future initiatives will likely focus on refining the core technology, enhancing product durability, and establishing a robust distribution network across international markets. As the company transitions from a development-heavy startup to a mature enterprise, the focus will remain on maintaining its technological edge while scaling operations to achieve long-term commercial viability in the rapidly evolving urban mobility landscape.
See full Skarper company page
