Belgian Startup Any's LUV1: Cargo‑Capable Electric Motorcycle Eyes €10M Series A

Belgian startup Any has announced a new electric motorcycle, the LUV1, that could redefine urban cargo transport.

The LUV1: A Modular Life‑Utility Vehicle

Designed to bridge the gap between conventional scooters and cars, the LUV1 boasts a 120‑liter cargo hold while maintaining a top speed of 100 km/h (62 mph). Its modular architecture allows users to swap open frames, panels, windshields, and rain ponchos, catering to commuters, families, and outdoor enthusiasts alike.

Market Gap: Filling the Car Trunk Void

■Urban commuters often abandon essential items because of limited scooter space.

■Last‑mile delivery operators seek a versatile, low‑cost alternative to vans.

■European motorcycle manufacturers expect a shift to all‑electric models by 2030.

Design & Development

Former Pininfarina design director Lowie Vermeersch—now creative director and investor—crafted the LUV1’s aesthetic, earning immediate buzz at Milan Design Week. The vehicle’s engineering backbone is led by Alessandro Mangano, whose pedigree spans Aprilia, Ferrari, and Piaggio.

Funding Trajectory & Investor Playbook

■€1.5 million raised in November 2024.

■€1.25 million top‑up in May 2024.

■€2.75 million total to date.

■Current target: €10 million Series A, aiming for closure by year‑end.

Pricing & Licensing Edge

The LUV1 starts at €7,000 (≈$8,150), cheaper than most cars and comparable to high‑end electric cargo bikes. It requires only an A1 license, simplifying market entry.

Competitive Landscape & Future Roadmap

■Piaggio and Harley‑Davidson already offer electric models with similar ranges.

■Any plans to expand into third‑wheeler variants and a broader vehicle portfolio.

■Potential partnerships with last‑mile logistics firms.

Production & Scale Challenges

■Current pre‑orders: >600 with a €49 refundable fee.

■Production ramp‑up is critical to meet first deliveries.

■Additional capital will support manufacturing scale and supply chain robustness.

Conclusion: What Investors Should Watch

■Series A funding trajectory and investor mix.

■Modular design adoption rates among target demographics.

■Regulatory ease due to A1 licensing.

■Competitive positioning against established electric motorcycle players.

The LUV1’s focus on cargo capacity positions Any at the intersection of urban mobility and logistics, offering a compelling value proposition that could accelerate adoption and justify a robust Series A valuation.