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§ Private Profile · Otumoetai, Bay of Plenty, New Zealand
Ubco is a technology company.
Ubco designs, develops, and distributes Utility Electric Vehicles, primarily electric two-wheel-drive motorcycles engineered for demanding off-road and on-road applications. These rugged vehicles are built for durability, featuring a simple design with no gears or clutch, ensuring ease of maintenance and operation while producing zero emissions and noise. Their product line includes the all-wheel-drive 2X2 models and the rear-wheel-drive DUTY, known for higher speed and increased carrying capacity.
The company was established in 2015 in a New Zealand farm shed by inventors Daryl Neal and Anthony Clyde, alongside entrepreneurial co-founder Timothy Allan. Their initial vision focused on creating an agile, efficient, and practical electric bike capable of navigating New Zealand's challenging farm terrain. This founding insight led to the successful development of a new market for robust electric utility vehicles designed for hard work.
Ubco's versatile vehicles serve a diverse global customer base, from individual riders to commercial fleets in Australasia, North America, and Europe. Users span sectors such as farming, tourism, hunting, conservation, and land management, including significant deployments with postal services. The company's long-term vision is to lead the charge in electrifying on and off-road utility transport, continuously innovating its product platforms to deliver sustainable, safe, and efficient mobility solutions for a future powered by green energy.
Ubco has raised $10.0M across 1 funding round.
Ubco has raised $10.0M in total across 1 funding round.
UBCO is a New Zealand–founded maker of rugged electric utility vehicles (primarily the 2×2 electric utility bike and DUTY fleet platform) focused on electrifying on- and off‑road work and adventure use cases for individual riders and fleets worldwide[1][6].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reiteration: UBCO began as a NZ startup building a rugged AWD electric utility bike and has evolved into a connected utility EV platform with fleet offerings, sustainability focus, and growing international traction backed by manufacturing partnerships and investor funding[1][2][5].[1][2][5]
Ubco has raised $10.0M in total across 1 funding round.
Ubco's investors include Nuance Connected Capital, Seven Peaks Ventures, TPK Holdings, Accel, ICONIQ Capital, InterWest, Madrona Ventures, Wildcat Ventures.
Ubco has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series B in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2021 | $10M Series B | Nuance Connected Capital, Seven Peaks Ventures, TPK Holdings | Accel, ICONIQ Capital, InterWest, Madrona Venture Group, Wildcat Ventures | Announced |