IRVINE, Calif. (MIND)– Super73, which markets high-powered, fat-tired throttle e-bikes online, has actually shut on a $20 million financial investment round from Accord Funding, a Boston equity company. The financing comes 2 weeks after Rad Power Bikes revealed a $150 million financial investment.
Super73 was established in 2016 with a Kickstarter project. It is based in Irvine, The Golden State, with European head office in Amsterdam.
” We have actually constantly understood that there was something unique at Super73. It had not been practically developing an enjoyable electrical bike, it had to do with constructing a portal to limitless experience as well as growing a real neighborhood. Accord Funding not just saw that exact same vision however counted on it. With each other, we currently have a genuine chance to take Super73 to the following degree as well as aid redefine the electrical car sector,” stated Legrand Crewse, the Chief Executive Officer of Super73.
Super73 has actually been as effective on social networks as in sales. It usually advertises partnerships with different stars as well as widely known companies such as the French football club Paris Saint-Germain, Japanese streetwear brand name area, as well as bike developer Roland Sands. The brand name has greater than 430,000 fans throughout its web content networks.
Larry Cheng, the handling companion of Accord Funding, stated, “Super73 has all the active ingredients to end up being a wonderful customer brand name– obsessed clients, pressing need for its items, as well as an unique layout ideology. … It is just one of the fastest-growing business we have actually ever before purchased, as well as are positioned to develop a wonderful brand-new American brand name as it leads the e-bike market for many years ahead.”