Skand is a Vantaa-based designer and maker of light electric vehicles built for year-round usage. Founded in 2015 by Miika Utoslahti, the company emphasizes durable, more powerful batteries suited to harsh Northern Hemisphere winters. Skand reports 175% year-over-year sales growth and offers its vehicles for order anywhere in continental Europe. The company points to developments in battery durability and power as key to its product success in cold climates. Skand is targeting expansion into Norway, Denmark, and Germany and is banking on wider Northern European EV adoption. The pandemic has increased demand as customers seek alternatives to crowded public transport, the company says.

Total raised

$2M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jun 2021