Stark Future is rather unique. It makes one of the most capable electric motocrossers in the Varg. Stark is also one of the most profitable electric two-wheeler startups around.
The company has announced that it has closed an undisclosed investment round. No numbers have been revealed, though they said that the total capital raised has now crossed EUR 100m. In the previous rounds, Stark had already raised an estimated EUR 90 million, so this makes this round only worth EUR 10 million.
The round was subscribed by existing shareholders, though the company said a select group of new high-profile investors from the world of MotoGP have also joined the captable.
Stark’s most prominent investor is India-based Eicher Motors, which owns the Royal Enfield motorcycle brand. In December 2022, Eicher invested EUR 50 million into Stark Future for a 10.35% equity.
Impact
Stark is a hot commodity. For Q2 2025, the Barcelona-based company reported revenue of EUR 47m and EBITDA of EUR 4.5m. Being EBITDA positive is an achievement in the high-burn world of E2W startups.
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That would make the Stark investors happy, as is apparent from the fact that the whole funding round was closed within two weeks and was an invitation-only round for existing shareholders.
The company plans to use the funds to expand its distribution beyond the 70 countries where it is already present.
The company will likely speed up its new product introduction. Stark has a formidable tech-stack and is a specialist in lightweight construction. The other tech element is the carbon sleeve motor that can spin up to 14,200 rpm and weighs only 9 kg while producing 60 kW.
At present, Stark only makes high-powered (45 kW/60 kW) non-street-legal motocrossers and street-legal enduros. That is pretty much the top-end as far as motocrossers go. However, there is plenty of space below that for new product development, targeting mid-size and entry-level markets, not to mention taking the same powertrain and battery into other body styles.