RGNT Motorcycles receives scale-up financing from Nordic Green Bank
Swedish electric motorcycle manufacturer RGNT Motorcycles has received scale-up financing from Nordic Green Bank Nefco
RGNT Classic. Photo: RGNT Motorcycles
Swedish electric motorcycle manufacturer RGNT Motorcycles has received scale-up financing from Nordic Green Bank (Nefco) to accelerate its commercialization and contribute to the transition towards zero-emission vehicles. RGNT EV motorcycles produce zero CO2 tailpipe emissions and utilize recycled materials in their production cycle, making them a sustainable option for low-emission transportation.
Grannenfelt Finance was proud to have acted as the financial advisor in the deal.
The financing will enable the company to position itself for accelerated growth and embark on the exciting journey from a promising start-up to an exponential scale-up. RGNT also provides OTA (over-the-air) updates and a companion app for its customers, making maintenance and battery life management easier. With their unique technology, RGNT motorcycles do not contribute to noise pollution or other types of pollution typically associated with fossil fuel motorcycles. The company is currently investigating using more recycled material in its production to reduce the environmental impact of manufacturing.