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STARK FUTURE AND BIG BETS AGREES ON 25 MILLION EURO CREDIT FACILITY TO PROPEL STARK´S PRODUCTION EXPANSION

Stark Future, a leading innovator in Performance Electric Motorcycles and Technology, is excited to announce the finalization of a 25 million euro credit facility with Big Bets, one of the leading start-up investors and active backer of successful repeat entrepreneurs. 

This strategic financing represents a significant milestone for Stark Future and will serve as crucial working capital, empowering the company to further expand its production capacity and accelerate its ambitious goals for the global phenomenon the Stark VARG electric motocross bike.

The credit facility agreement underscores Stark Future’s commitment to sustainable and forward-thinking initiatives, solidifying its position as a frontrunner in the electric mobility sector. The funds will be directed toward bolstering production capabilities, optimizing manufacturing processes, and advancing research and development endeavors related to the Stark VARG.

Big Bets has been a shareholder in Stark for two years and has closely monitored the remarkable progress and development of the business. Anton Gauffin, Founding Partner of Big Bets, expressed enthusiasm about the collaboration, stating, “We have high conviction in Stark Future and we find the journey seen so far, the story of Mr. Anton Wass as one of the most remarkable founder stories we have ever encountered. So there definitely is a story and logical reasons why and how Stark Future is now doing incredible innovation and for us this partnership marks a significant step forward in our shared vision for Stark Future. We are committed to supporting its high growth trajectory and contributing to its success in the electric motorcycle industry.”

Anton Wass, CEO of Stark Future, commented, “We are delighted to strengthen our partnership with Big Bets, a valued partner that shares our vision for innovation and sustainability. This credit facility will provide us with the necessary resources to drive our expansion and solidify our position as a leader in the electric motorcycle market.”

Reflecting on the collaboration, Anton Wass further added, “We at Stark are very glad to further expand the cooperation with Anton and his team, in order to continue to grow Stark Future into the electric leader of the motorcycle industry.”

The agreement between Big Bets and Stark Future signifies a mutual commitment to driving innovation and sustainability in the electric vehicle market. With this additional substantial financial backing, Stark Future is poised to revolutionize the off-road industry, offering riders unparalleled performance, versatility, and sustainability.

Chris Pomeroy

1989 Rookie-of-the-year and former nationally ranked pro racer who turned into a dirt oriented scribe

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