Starry Group

"Skarper is set to establish itself as a major player and novel part of the fast growing e-bike market with a unique device that could revolutionise the sector. Cycling is a $100 billion industry and is only forecast to grow as new assistance technology is developed to enable more people to use it both as a form of transport and recreation. Everything we have seen suggests Skarper will therefore generate enormous customer demand globally."

"Securing a second investment round in less than 12 months is a testament to how innovative and industry-changing Skarper is. We have received hundreds of distribution requests from around the world and have a large waiting list of customers. The interest from industry leaders, including bike component manufacturers and household brands, has exceeded our expectations. Our revolutionary technology lowers barriers to owning high-quality eBikes and reduces waste."