Spain
Lupa is an automotive startup based in Spain, founded in 2020, with a compelling slogan "Let's change the rules." The company offers a unique proposition in the electric car market by allowing customers to buy the Lupa with or without a battery, addressing the major cost component of electric cars. This innovative approach enables users to retain their batteries when upgrading to a new model, significantly reducing the cost of purchasing a new car. Additionally, Lupa facilitates the sale of second-hand cars without batteries, offering buyers the option to purchase a new battery directly from their website.
The company boasts an impressive team of engineers and technicians with backgrounds from renowned automotive companies such as Ferrari, Nissan, McLaren, and Land Rover. Their collaborative effort aims to revolutionize the electric car market by offering sustainable and cost-effective solutions.
Notably, Lupa secured a significant €3.80M seed investment on 16 January 2025 from a diverse group of investors, including Firstminute capital, 2100 Ventures, NovaCapital, Vento by Exor Ventures, McKinsey, BCG, JP Morgan, and Nexi. This strong support from influential venture capital firms and industry experts underscores the potential and promise of Lupa's innovative approach to electric vehicle technology.
