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Begas Motor
Begas Motor designs and manufactures the first engine for industrial vehicles powered 100% by LPG (Liquefied Petroleum Gas or AUTOGAS)
About Begas Motor
BeGas is a pioneering company in the manufacturing of 100% homologated autogas engines, focusing on sustainable mobility solutions. Operating primarily in Europe, BeGas serves motor companies and public administrations committed to reducing polluting emissions and improving air quality in urban areas. The company leverages the growing demand for autogas, a mixture of butane and propane, which has seen a 50% increase in consumption over the past decade. BeGas's business model revolves around the production and sale of these eco-friendly engines, targeting markets where autogas is becoming a preferred alternative to traditional fuels like diesel and petrol. Revenue is generated through the sale of autogas engines and related services, including maintenance and support. The company is also committed to the principles of the circular economy, aiming to minimize waste and make the most of available resources. BeGas has experienced significant growth, with plans to double its workforce in 2023, reflecting its expanding market presence and increasing demand for sustainable transport solutions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Amorebieta-Etxano, Spain
- Employees
- 80
- Open positions
- 8
- Dealroom signal
- 67.3/100
- Industry
- Transportation
- Sub-industry
- Vehicle Production, Logistics & Delivery
- Sector
- Transportation, Industry 4.0, Industrial Technology, Hard Tech
- Technology
- Hardware
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Begas Motor.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jun 2026 | $28M | $114M | CDTI | ↗ |
| LATE VCOther financing | Feb 2025 | $20M | $79M | Seed Capital Bizkaia · Easo Ventures · Ekarpen · Itzarri EPSV | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Begas Motor is 1.5K monthly website visits, up 25% over the last three months. Begas Motor's team grew 6.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Provincial Council of Bizkaia
Basque Government
Series A5 investors entered at this stage
Seed Capital Bizkaia
Repsol Energy Ventures
Easo Ventures
CDTI Innvierte
Ekarpen
Series B and later5 investors entered at this stage
Itzarri EPSV
Pedro Silva
Nexio
Stellum Capital
CDTI
Other known investors1 additional known investor
BEAZ
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Begas Motor on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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