Hurba Srl

Hurba Srl specializes in the production of high-performance electric scooters, focusing on innovative battery technology to enhance urban mobility for commuters and delivery services. Hurba Srl is focused on developing electric scooters designed for city transportation. Founded by Camillo Piscitelli, the company operates out of Italy and has undergone a funding round in October 2018, raising EUR 200,000 led by Banco BPM and Intesa Sanpaolo. The most recent funding round contributed to the company’s growth, aligning with its strategic objectives.

HURBA specializes in high-performance electric scooters designed for urban mobility, with a particular focus on innovative battery technology. The company’s flagship products include models like the Street Raptor series and the Zefiro, which are developed to meet the needs of city commuters and delivery services. HURBA scooters utilize advanced NANOCARBON® batteries and pioneering semi-solid battery technology, which enhance performance, provide rapid charging, and reduce environmental impact with zero emissions. These scooters are engineered for ease of use, allowing riders to navigate urban environments, including restricted traffic zones (ZTLs), efficiently.

HURBA aims to serve a diverse clientele, including individual consumers, delivery businesses, and urban commuters, across various international markets such as Europe and North America, where the demand for eco-friendly transportation solutions is steadily increasing. HURBA operates on a direct-to-consumer sales model, complemented by partnerships with retail distributors, catering to both individual consumers and businesses in the delivery sector. The revenue structure is supported by the sale of its electric scooters, with various models priced based on their specifications and technology features. The company's revenue for the most recent year, 2023, is EUR 839,901.

50, with an EBITDA of EUR 48,285. 60. HURBA's revenue is further bolstered by the exclusivity and membership benefits offered through the HURBA Club, which enhances customer loyalty and engagement. Hurba Srl plans to expand its product line with new electric scooter models aimed at enhancing urban mobility.

The company is targeting expansion into broader European and North American markets by 2025, leveraging recent funding from the October 2018 deal, where EUR 200,000 was raised to support these initiatives. The funding will facilitate product development and market entry strategies, focusing on meeting the increasing demand for eco-friendly transportation solutions.