BeTRITON

What BeTRITON does

BeTRITON SIA is a Latvian privately-held designer and manufacturer of fully-electric amphibious recreational vehicles. Founded in Valmiera in 2017–2018 by Aigars Lauzis and a small co-founding team (1–10 employees), the company produces a single road-legal product platform that converts between an electric tricycle (up to 25 km/h) and an electric freshwater boat (up to 8 km/h, 2150W motor) in roughly five minutes, while doubling as a sleeping cabin for two. The flagship BeTRITON Full (priced at approximately €17,900 ex-VAT) and the lower-priced BeTRITON eTrailer DIY kit, including a solar-equipped Green variant launched in May 2024, are handcrafted in the Baltics.

The core technology combines a 250W EU / 750W US e-bike drivetrain, a 2150W freshwater boat motor, an integrated solar-charging pop-up roof, and a configurable interior (4 seats convertible to 2 benches with table or lounge). An amphibious conversion system — described by the company as novel and with no direct competitor identified — is the central engineering differentiator and is constrained to freshwater (inland lakes and rivers) only.

BeTRITON generates revenue through three streams: direct-to-consumer pre-orders on its own website (full payment collected upfront), B2B sales of units to rental operators (first commercial unit sold to Insel Auf Raedern, Switzerland, June 2023), and its own rental operations (first location opened in Smiltene, Latvia, July 2023, offering pre-designed 40km routes). Distribution is Europe-led with planned global shipping. Capital sources to date include a €75,000 Norway Grant for the DIY programme, multiple Latvian Investment and Development Agency (LIAA) and EU recovery-fund grants, an estimated ~$403K from Mistletoe across 2020 and 2022, and an €80,000 equity crowdfunding round from 150 Crowdcube investors in August 2024.

Name

BeTRITON

Legal name

BeTRITON LLC

Website

https://betriton.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

BeTRITON is a Latvian manufacturer of fully-electric amphibious recreational vehicles that convert between e-bike and e-boat in roughly five minutes, serving outdoor-adventure consumers and B2B rental operators across Europe with direct pre-orders and rental-fleet sales.

Ownership category

akta.pro rank

Product category

Electric Amphibious Recreational Vehicles

NAICS

Travel Trailer and Camper Manufacturing (336214), Motor Home Manufacturing (336213), Recreational Goods Rental (532284)

SIC

Motorcycles, Bicycles & Parts (3751), Motor Homes (3716), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

EV Campervan / Electric RV Rentals (THADANAH)

akta.pro secondary industries

E-bikes & E-cargo Bikes Manufacturing (IMACAOAA), Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI)

Keywords

• Amphibious recreational vehicles
• Electric camper trikes
• Amphibious mobility solutions
• Sustainable tourism vehicles
• Electric boat trikes

Headquarters

HQ city

Valmiera

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Direct Unit Sales: The company sells BeTRITON units directly to consumers through pre-orders on their website, with full payment collected upfront. The first batch was estimated ready by end of 2024.
2. Rental Fleet Operations: BeTRITON operates its own rental locations, offering two-day rental experiences. The first location opened in Smiltene, Latvia in July 2023 with a 40km route through forests and lakes.
3. B2B Rental Unit Sales: The company sells units to other rental companies to build a distributed rental fleet network across Europe. First commercial sale was unit #001 to Insel Auf Raedern in Switzerland (June 2023).
4. DIY Kit Sales: Self-assembly kit version (eTrailer) planned for 2024, offering a simpler, lighter, and more affordable option delivered in a box for customer self-assembly.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

BeTRITON designs, manufactures, and sells fully electric amphibious vehicles that combine an e-boat, e-trike, and e-camper in a single unit. The flagship BeTRITON Full converts between land and water modes in approximately 5 minutes, is road-legal as an electric bicycle (no driver's license required), and offers 100+ km land range and 30+ km water range. The company also offers a DIY kit version (eTrailer), and operates rental services at their own locations in Europe.

Product overview

BeTRITON is a Latvian startup offering fully electric amphibious recreational vehicles that combine three functions in one product: e-boat, e-trike, and e-camper. The product portfolio consists of two main versions: the flagship BeTRITON Full (fully assembled handcrafted unit with 250W bike motor and 2150W boat motor) and the more affordable BeTRITON eTrailer (self-assembly kit version towable by standard e-bike with solar panel). The company also offers rental services at their Smiltene, Latvia location. All products are designed for sustainable outdoor travel over land and water, targeting European markets with plans for global expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• BeTRITON Full The flagship amphibious camper-trike combining e-boat, e-trike, and e-camper functions in a single fully assembled vehicle. Fully electric, handcrafted in the Baltics, capable of traveling over land at 25 km/h and on freshwater at 8 km/h. Sleeps two people with a multi-modal cabin. Sold directly via pre-order at €17,900 (excl. VAT, excl. shipping).
• BeTRITON eTrailer A simpler, lighter, and more affordable trailer version towable by a standard e-bike. Delivered as a DIY kit for self-assembly. Features a large solar panel on pop-up roof and includes a bike motor for easy towing on wild adventures. Developed with support from Norway Grants.
• BeTRITON Rental Service Rental service offering BeTRITON vehicles for outdoor adventures. Operated at the company's own Smiltene, Latvia location with a pre-designed 40km route through forests and across three lakes. Two-day rental packages available, allowing customers to experience the amphibious vehicle for overnight adventures on land and water.

Quantifiable outcome

• First rental location opened July 2023 with pre-designed 40km route through forests and three lakes; majority opt for two-day rentals
• +2 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Seven partnerships are on record, tiered major and minor.

• Noveltex OslomajorStrategic or Co-development Partner · 1 January 2022Norwegian partner collaborating on sustainable materials research and supplier identification for BeTRITON DIY project. Worked together during Deep Tech Atelier workshop with Norwegian specialists.
• Vidzemes augstskolaminorStrategic or Co-development PartnerLatvian university partner for technology and materials research and development collaboration on the BeTRITON project.
• Insel Auf RaedernmajorChannel Partner/ Reseller/ DistributorFirst B2B commercial customer and business partner based in Arbon, Switzerland on Lake Constance. Joint effort to tackle Swiss and South German markets with BeTRITON rental and sales operations.
• European Union (New European Bauhaus)minorStrategic or Co-development PartnerCollaboration with European Commission's New European Bauhaus initiative promoting sustainable and inclusive design.
• EIT Urban MobilityminorStrategic or Co-development PartnerPartnership with European Institute of Innovation and Technology's Urban Mobility initiative.
• Magnetic LatviaminorStrategic or Co-development PartnerLatvian business incubator and innovation ecosystem partner supporting startup development.
• Green Tech ClusterminorStrategic or Co-development PartnerLatvian green technology cluster partner for sustainable innovation networking and development.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Hymer: German motorhome manufacturer and BeTRITON's closest mainstream analog: both produce self-propelled recreational vehicles for outdoor adventure travel, though Hymer operates at much higher scale on conventional ICE chassis and without amphibious or e-bike integration.
• Winnebago Industries: Largest US RV/motorhome manufacturer offering self-propelled recreational living quarters. Overlaps with BeTRITON on the 'mobile living quarter for adventure travel' value proposition but operates at vastly different scale, technology, and price points.
• Airstream: Iconic American travel trailer and touring coach manufacturer. Comparable to BeTRITON in the recreational-mobile-living category but builds towable (non-amphibious, non-electric) products and targets different price segments.
• Specialized: Global e-bike incumbent producing high-end electric bicycles across multiple categories including commuter, mountain, and cargo. Relevant to BeTRITON as a reference point on the e-bike regulatory classification and the underlying tricycle motor architecture, though substantially broader in product scope.
• Dethleffs: Established German motorhome and caravan manufacturer with a 90+ year heritage in recreational vehicles. Comparable to BeTRITON in the European RV/camper category and consumer overlap (outdoor adventure travelers), but operates at mass-production scale on conventional propulsion rather than electric amphibious platforms.

Emerging players

• Candela: Swedish premium electric boat maker with a sustainability narrative and direct-to-consumer storytelling closely paralleling BeTRITON. Comparable in targeting eco-conscious adventurers with electric marine technology, though Candela builds only the water component without amphibious/e-bike integration.
• Arc Boat Company: Premium electric boat startup building high-performance leisure craft with software-driven powertrains. Like BeTRITON, Arc combines electrification with a clean-design lifestyle brand aimed at affluent recreational buyers, though their marine-only focus differs in scope.
• Cake: Swedish electric light-mobility brand building premium e-motorcycles and e-bikes with sustainability positioning. Comparable to BeTRITON on Swedish-Baltic origin, premium e-mobility consumer branding, and lightweight electric drivetrain engineering (BeTRITON's e-trike component).
• Super73: Lifestyle electric bicycle brand building adventure-styled e-bikes targeting recreational outdoor enthusiasts. Comparable to BeTRITON's e-trike subcomponent on product format (electric two/three-wheeler) and target buyer (adventure/recreation), with very different price points and scope.
• X Shore: Swedish electric boat maker targeting eco-conscious recreational boaters with direct-to-consumer premium offering. Comparable to BeTRITON's marine propulsion engineering (2150W electric boat motor) and Scandinavian-adjacent sustainability positioning, though X Shore builds full-size boats rather than amphibious micro-craft.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCISjFLcZXMa9n5JFUwBKjhw/featured?view_as=subscriber
• Facebookfacebook.com/betriton.amphibian
• Instagraminstagram.com/betriton_amphibian
• LinkedInlinkedin.com/company/betriton

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BeTRITON