Electric Motorcycle Firm Maeving Raises £11m from Venrex and Future Planet Capital
This article covers a Series A funding round on 8 September 2025 for Maeving, a Coventry, UK-based electric motorcycle company founded by Seb Inglis-Jones and Will Stirrup. It raised £11m, led by Venrex with support from Future Planet Capital.
What does Maeving do?
Maeving makes electric motorcycles with a removable battery that charges from any standard plug socket. They are used for everyday urban transport, enabling plug-in charging or quick battery swaps for continued mobility.
Why is Maeving useful?
Problem
Electric motorcycle riders face limited access to fixed charging stations and dependence on specialised infrastructure. This restricts convenience and adds barriers to daily use.
Solution
Maeving helps by offering electric motorcycles with removable batteries that charge from any standard plug socket. This removes the need for fixed charging infrastructure and lets owners charge anywhere with a normal plug.
How much did Maeving raise?
Maeving raised £11m in a Series A round from investors including Venrex and Future Planet Capital, alongside existing backers.
Who invested in Maeving?
Key investors in the round include the following backers.
- Venrex: a London-based venture capital firm known for backing early-stage technology and consumer startups.
- Future Planet Capital: an impact investor focused on climate and sustainability-led businesses across Europe.
- Elbow Beach: an investor active in consumer and mobility ventures with a reputation for supporting product-led founders.
- John Ayton MBE: an angel investor bringing expertise in luxury retail and brand building.
- Simon Hill-Norton: an angel investor specialising in consumer brands and digital commerce.
If you're researching potential backers in this space:
- Explore our list of mobility venture capital firms in the UK
- Browse our directory of mobility angel investors in the UK
Who founded Maeving?
The founders of Maeving are Seb Inglis-Jones and Will Stirrup.
Where is Maeving based?
Maeving is based in Coventry, UK.
What sector is Maeving in?
Maeving operates in the electric motorcycle sector. This sector makes motorcycles powered by electricity instead of petrol. Electric motorcycles produce no tailpipe emissions and can be charged at home.
Key trends and challenges in electric motorcycle sector:
Battery innovation and swapping
Removable and swappable batteries let riders charge at home or swap at stations, as Gogoro demonstrates.
Charging infrastructure and range expectations
Limited fast chargers in cities cause range anxiety; urban riders often expect 60-120 km usable range.
Supply chain and production costs
Battery cells and rare minerals drive costs; lithium and cobalt price swings affect retail prices.
For a deeper look at innovation in this space, see the mobility startups in the UK.
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