NOVUS secures eight-figure funding to take its electric Lightbike from Germany to California
5 Articles
5 Articles
The start-up wins renowned investors. The development of the electric two-wheeler took longer than planned – but now the makers have ambitious plans.
Novus scoops millions in funding as it eyes “six-digit” production of ‘Lightbikes’
German mobility manufacturer Novus has closed a double-digit million dollar funding round to scale what it’s calling an entirely new vehicle category across Europe and the US. Founded in 2019 by former Volkswagen designer René Renger, Novus has developed an electric two-wheeler said to fit somewhere between an e-bike, scooter and a motorcycle. Weighing 121kg, the ‘Novus One’ is built on the company’s standard vehicle platform, comes without a ge…
The German e-motorcycle start-up Novus has completed a new round of financing in the millions and plans to expand into the USA. In Germany a cheaper model is to be launched soon. This article has been sorted under Technology, Mobility.
NOVUS closes double-digit million funding round led by 468 Capital
NOVUS (Germany) has closed a funding round in the double-digit million-dollar range, led by Berlin-based venture firm 468 Capital. The company plans to use the capital to scale its operations across Europe and to prepare its entry into the United States, scheduled for 2027. The exact amount of the round has not been disclosed. From founder-funded prototypes to series production NOVUS built its first prototypes in-house, financed by the founders …
NOVUS secures eight-figure funding to take its electric Lightbike from Germany to California
Backed by 468 Capital and a network of automotive, technology, and consumer industry executives, NOVUS is scaling production of its lightweight electric two-wheeler and developing a more affordable second model.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
