Specter manufactures speed pedelecs and hand-assembles all bikes in East Flanders, Belgium. The company offers four models, including long-range variants with up to 170 kilometres of range, dual-wheel drive, and high combined power output for longer journeys. Specter develops the majority of its components in-house and currently sells in Belgium, the Netherlands and Switzerland. With a €2 million capital injection, the company plans to expand its distribution network across Europe and is considering the United States. Management says it will continue to invest in R&D and expand its product range, supported by new partners and industry advisors.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2024