Blue Shock Race - 2

Pitch

In 2018 with Fundwise, BSR successfully secured a €212K investment valued at a pre-money valuation of €3.5 million. By 2022, BSR had raised a total of €1.2 million in investment and a current 2023 pre-money valuation of €18.0 million.
Today, the company exports go-karts to 37 countries worldwide, including Japan, Korea, Australia, Mexico, USA, Qatar, and Europe, producing €3 million worth of goods in 2022, with an export delivery value of €2.6 million.
In 2023, we aim to achieve a turnover of €5 million and have a presence in 40 countries with our products.
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As part of this campaign, a KPMG Due-Diligence has been prepared for Blue Shock Race for 2020, 2021, and 2022. The purpose of this material is to prepare BSR company for public audits so that they can launch an IPO by 2024.

BSR Electric race karts are imminent future: InterestingEngineering.com
The world's fastest electric race kart: Vroom.com
Forbes Baltic has also featured our impressive growth from €150K to €15 million.

Join the story of BSR and expand the thrill of our electric race karts today!
More about products, distribution, and long-term strategy details are here Blue Shock Race
More videos from customers, tests championships, etc: Youtube/BSR

The information provided in the Fundwise campaign is concise. For those who want more detailed information, we invite you to explore the BSR website, where there is expanded information or other publicly available information online. You can also ask clarifying questions in the comments.

More info

Artis Daugins

Founder and CEO

Having received a designer's education, this individual has devoted their life to pursuing electric mobility and energy since 2010. In 2015, he embarked on a groundbreaking project in the form of an electric kart, which marked the first step in a new technological direction. And today, their efforts have led them to become the world's leading electric karting company, exporting to 37 countries worldwide.

Aigars Zviedris

Board member

With over 30 years of experience in the karting industry and a personal record of becoming a karting champion in Latvia twice. He has helped their son Valter achieve the remarkable results of becoming a five-time Latvian karting champion. He also spent many years in the entertainment industry.

Ģirts Celajs

Board member

He has worked in various industries in the global market, always approaching things with a broad and ambitious mindset. He takes risks and is willing to help StartUp companies grow. He has experience in finance and audit matters.