Vala first invested in Arksen in 2018 at pre-seed, and since then the company has grown by 3.15x. Having built out its core marine offering, and hitting $12.5m annual revenue last year, the team is now launching a pre-IPO round to continue Arksen’s fast growth and build out the wider adventure proposition. As an existing investor Vala has been given a $6m allocation of this funding round and we would like to invite you to participate in what we expect to be the last equity opportunity for investors prior to an IPO. 

The opportunity now is to invest in a business that has 3 revenue generating subsidiaries: Marine; Overland; and Performance Wear, and will enable them to accelerate inventory, marketing, geographic expansion, and new product development.

Marine –The first two Arksen 85ft “Explorer” vessels have been sold, and Arksen is planning to commence the build of a third with a sale targeted at the end of 2023. In September 2022 Arksen launched their ‘Adventure Series’, a range of 28ft – 30ft day/weekend boats, and have already sold 16 vessels, with a significant sales pipeline now built up. 

Overland – The most capable adventure vehicles on the planet, that are created from a portfolio of classic Land Rover’s and Mercedes Unimogs. These vehicles are reimagined through a ground-up rebuild and upgraded with the very latest technology, including EV capabilities, to cope with the most demanding environments giving their owners the confidence to explore off-grid, in some comfort.

Performance Wear – A collection of intuitively designed outdoor clothing, made to take people anywhere. Produced from sustainable materials and with environmental impact in mind. The range will expand in the coming months, and new specialist factories will be engaged to increase margins.

The funding will also support the development of a further two subsidiaries: The Boat and Adventure Club, and Home:

Arksen Boat and Adventure Club (Q2 2024 launch) – Building a community around the areas above, to create ‘the Netflix of Adventure’, where customers can subscribe and use whatever assets they require to create their bespoke adventure. Collaborations are already in place with ‘Elite Expeditions’ (Founded by Nimsdai Purja MBE, star of ‘14 Peaks’ on Netflix), Pelorus (a bespoke luxury travel company), and Ocean10Media (producing ‘Ocean’ documentary series with Sir David Attenborough, with immersive experiences to be available alongside launch). 

Home (prototype to be built Q2 20254) – Upcoming prefabricated off-grid cabins made from sustainable timber that can be built as temporary structures in remote parts of the world, allowing for greater ease of exploration and extending the time that can be spent in these remote locations.

Reasons to Consider

Expanded product range – not just in marine, but looking at 4 other revenue generating areas: Overland, Home, Performance Wear, Community.

Market Opportunity – Total Addressable Market across the 5 areas of $840bn today, which is forecast to reach over $2tn globally by 2030.

Global Opportunity – To date 60% of sales enquiries are from the USA, which has still got masses of potential, but the biggest opportunity is in Asia, where Arksen sees huge untapped potential, and will be a core area of focus for sales.

Revenue growth – $12.5m revenues achieved in 2022, which is forecast to reach over $200m by 2025.

World Class Team – Arksen Group is led by Jasper Smith, a Founder with multiple successful exits behind him. Current subsidiaries are led by people with significant industry experience.

Sustainability at its heart – Sustainable manufacturing processes are used throughout the Group including the use of circular economy principles, harnessing the most advanced sustainable & recycled materials, and reducing the environmental impact via highly efficient systems, the latest technology, and all supplemented with green energy.