UBCO - Electric Adventure Vehicles is an Electric Utility Vehicle brand, renowned for creating the world's toughest electric motorbike. Founded in 2015 and designed in New Zealand for the country’s rugged landscapes, the all-wheel drive UBCO 2x2 is ridden by hunters, ranchers, and urban commuters alike. The company works with over 200 dealers and service centers worldwide, supporting conservation agencies, law enforcement, farmers, and postal workers with a utility-first, safe, reliable, quiet, and easy-to-use vehicle, ready for everything the great outdoors can throw at you.
The last investment in UBCO was a $10.00M Series B investment at 22 September 2021, with participation from Enterprise Angels, Nuance Capital, Seven Peaks Ventures, Snowball Effect, and TPK Holdings Co Ltd. This investment demonstrates the confidence of these investors in UBCO's mission and potential. As the company operates in the Manufacturing and Transportation industries, this latest funding round will likely fuel its expansion, R&D efforts, and market penetration, positioning UBCO as a key player in the electric adventure vehicle market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $10.00M | 5 | TPK Holdings Co Ltd, Snowball Effect | 22 Sep 2021 |
Series B | $10.00M | 6 | TPK Holdings Co Ltd, Snowball Effect | 27 Jun 2021 |
Venture Round | NZD5.00M | - | 01 Dec 2018 | |
Venture Round | NZD1.50M | - | 01 Dec 2017 | |
Series A | NZD3.95M | - | 19 May 2017 |
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