About the transaction
BlueBull, the financial advisory firm specializing in advising technology-driven and high-growth businesses in M&A and Debt transactions, acted as the sole financial advisor to Stark Future on the consecution of a €20m Working Capital financing facility.
Stark Future was established in Barcelona in 2019 by Anton Wass and Paul Soucy with the aim of revolutionizing the world with state-of-the-art high-speed electric motorcycles while leading the way towards a sustainable motorcycle industry. To do so, they have created the Stark Varg, the fastest motocross motorcycle in the world. And it’s electric.
Since the launch of its first model in 2022, the Stark Varg, the bike has been tested by world champions in different categories before being available to the public in April 2023. Now, there are 18k pre-orders of the Stark Varg, which were achieved with virtually no marketing expenses.
BlueBull ran a competitive process with national and international investors, bringing all liquidity available in the market and structuring and negotiating the best terms for Stark, including removal of any equity kickers or warrants.
The facility was approved before the sale of the first units of the Stark VARG. The financing will enable the Company to rapidly ramp up the business, securing components and hiring qualified personnel across different specialities, enabling Stark to fulfill its ambitious growth goals.
Stark Future is a multi-national company, established in 2019 with Swedish roots and located on the outskirts of Barcelona. Making the most of Catalunya’s reputation as one of Europe’s off-road riding hotspots, Stark Future has built a dedicated, passionate and knowledgeable team from the cream of both the motorcycle and power electronics industries. The company’s first model of an ambitious catalogue of next-generation electric motorcycles is the powerful Stark VARG. The 110kg 80hp motocross bike is the first electric motorcycle to be the performance leader within its category.
c.€100M
Capital raised before the financing
c.18k
Pre-orders made customers
c.90
Number of employees as of June 2022
c.150K
Production capacity per year
+20
Countries through c. 260 dealers
"The guidance of BlueBull has been instrumental in securing the necessary financial resources to propel the global expansion of the Stark VARG production"
Anton Wass
CEO & Founder of Stark Future
BlueBull is a leading investment banking firm with a presence in Southern Europe, specialising in advising new economy companies with disruptive and innovative business models.
More information
Joaquín Durán
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Diego López
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Iñigo de Churruca
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Germán Álvarez
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Tech transactions advised
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Tech-focused Investment Banking Professionals
A team of +30 digitally focused professionals contributes to the growth of the digital economy advising entrepreneurs, corporates, and institutional investors on M&A and fundraising transactions.
