Iconic Famel motorbikes go ‘back to the future’

Famel has launched a round of investment to relaunch the legendary Portuguese motorbike brand, and has already received €2.45 million from the Novus fund, managed by Magnify Capital Partners, in partnership with the country’s State-owned development bank, Banco Português de Fomento.
“We realised that the capital needed was much greater than what we had initially and looked for it. That’s why we’re opening this round to private investors because we felt over time that people and organizations were interested in participating in the project,” Famel’s CEO and re-founder, Joel Sousa, tells Lusa.

The new version of Famel will mainly incorporate European components, half of which are made in Portugal.

At the same time, the brand wants to include sustainable materials in future bike models.

The highlight is the revival of the XF-17, adapting it to the demand for sustainable mobility solutions.