Palma de Mallorca, April 27, 2023.

The OK Group venture capital is incorporated as a new shareholder of this Valencian company dedicated to the manufacture and sale of electric scooters and bicycles

OK Venture, the venture capital belonging to the OK Group business holding, has become a strategic partner of the company SkateFlash SL after carrying out a capital increase. Based in Ontinyent (Valencia), the company is dedicated to the construction and marketing of electric scooters and bicycles. In this way, OK Venture is incorporated as a new shareholder of this brand created in 2016. With its own factory, SkateFlash builds and subsequently sells , a wide range of high-performance products such as scooters and e-bikes, combining the latest innovations in quality and design as well as innovation and technology. In this sense, the Valencian society is characterized by controlling the entire construction cycle of its products, from design to final sale, manufactured 100% in Spain and without dependence on other markets, which places it as the leader in electric micromobility in Europe. In its beginnings, SkateFlash manufactured products as well known as the self-balancing Hoverboard with which he achieved record online sales in Spain and other European portals, in addition to having the exclusivity of his patent in Spain and Portugal. An evolution that allowed it to incorporate, first, scooters and later electric bicycles up to the present, with more than 200,000 units sold in 16 countries around the world in its 7-year history. Currently, SkateFlash manufactures 5 models of electric scooters and 5 e-bikes. , which adapt to any user and terrain on which they circulate. Among them, the Model Us scooter stands out, made of recycled materials such as aluminum and plastic, thus achieving a lower impact on the environment. The micromobility company has a wide distribution network for its products in Spain and Europe, including where there are large chain stores such as El Corte Inglés, MediaMarkt, Carrefour, Milar, Tien21 and Euronix, among others. From OK Venture they have wanted to support and become part of this project not only for its entrepreneurial and innovative nature, but also for its commitment to the environment by promoting responsible electric mobility.

Contact Contact name: Comunicación OK Group Contact description: Comunicación OK Group Contact telephone number: 34 971 430 590