Specter funding news – Belgium-based Specter Secures €2 Million in Fresh Funding

There are now four versions available from Specter, including long-range models that are ideal for longer trips because to their outstanding combined power output, dual-wheel drive, and extended range of up to 170 kilometers.

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Fundracer Capital joins a group of partners who already have a lot of experience in the cycling and micromobility sectors. Prominent figures like Gérard Vroomen (ex-Cervélo), Andy Ording (ex-ZIPP), and René Wiertz (ex-3T) will counsel Specter and assist in growing its distribution network.

Maarten Baert, founder and CEO of Specter said, “We are very excited to enter this new phase for Specter, Together with our current and new partners, we are looking further beyond our borders. We aim to both strengthen and deepen our distribution network, while continuing to invest in R&D and expanding our product range.”

With the additional funding, it intends to grow throughout Europe and is also thinking about entering the US market. At the moment, Switzerland, Belgium, and the Netherlands are served by Specter.

About Specter

Located in Wondelgem, Belgium, Specter is a manufacturer. They create all of the hardware, software, and electronics ourselves. They are therefore independent of established players and able to choose their own path.