Maeving
Deal Type
Debt Finance
Initial Investment
July 2022
Sector
Technology
Fund
Growth Capital
Status
Current
Coventry-based Maeving is a manufacturer and retailer of fully electric motorcycles. Maeving’s new RM1 model, launched in June, is a British designed and built electric motorbike aimed at the urban, environmentally conscious commuter. The RM1 combines British heritage styling with the practicalities for every day use including a removable, light-weight battery chargeable from any plug socket and offers the choice of a second battery to extend the range from 40 to 80 miles.
This is a fantastic opportunity for Maven and the MEIF to support the team at Maeving at this exciting time with the launch of the RM1 and we look forward to being a part of their growth journey in producing stylish products that support sustainable travel and challenge the future of transport.
Richard Blount, Investment Director for Maven
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