€40 million loan to boost Stark Future’s production
The European Investment Bank (EIB) and Stark Future SL have signed a €40 million credit facility to finance the company’s research, development and innovation activities in the field of electric motorcycles.
Stark Future is a pioneer in the premium electric motorcycle industry headquartered in Sant Boi de Llobregat, Spain. The funding will also fund the expansion of Stark Future’s manufacturing capacity, contributing to the company’s growth and market penetration/expansion.
The EIB investment will play a key role in helping Stark Future develop and deploy advanced technologies to produce new electric motorcycle models for both on- and off-road use, allowing the company to amplify its existing product offerings while contributing to a more sustainable mobility model. The capital investments will also support the installation of modern assembly lines and the deployment of advanced technologies to increase production capacity.
This activity is aligned with the EIB’s strategic priorities on climate action and technological innovation. It highlights the EIB’s role in supporting innovative technological developments that accelerate the green transition in mobility and transport, and in strengthening the resilience of European supply chains in sustainable technologies.
Yu Zhang – Head of Deep Tech, Digital and Life Sciences at EIB
“This new investment in innovative electric mobility solutions is a clear example of how the EIB is driving the transition to more sustainable transport models while boosting innovation and competitiveness in the European Union. Supporting European innovators committed to sustainability, such as Stark Future, is part of the EIB’s roadmap to accelerate the green transition and ensure citizens have access to the most advanced means of transport.”
The EIB’s investment in Stark Future is supported by the European Union under InvestEU, the EU’s flagship programme to mobilise over €372 billion in additional investment from public and private sector funds to support EU policy objectives over the 2021-2027 period.
Anton Wass – CEO and Founder of Stark Future
“We are delighted to partner with the European Investment Bank to accelerate our mission of transforming the motorcycle industry with innovative, sustainable technologies. This investment not only represents a significant endorsement of our vision, but also allows us to expand our R&D capabilities and build even more revolutionary products for the global market. Together with the EIB and the support of the European Union, we are committed to setting new standards in performance, sustainability and design in the motorcycle industry.”
The EIB investment is expected to have a significant positive impact on the local economy in Spain, particularly in the Sant Boi de Llobregat region, where Stark Future is headquartered. The increased production capacity is expected to create highly skilled job opportunities, contributing to the economic development of the region.
