Aptera Motors
Do More with a 1,000+Mile Range EV!
Analytics
Raised to Date: $561,080
Aggregate Commitments $
Wefunder
08/29/2019
03/31/2020
$100,000
$1,070,000
$100
SAFE
RegCF
Seed
$20,000,000
0%
Weekly Commitments $
04/05/2020
561%
52%
$2,610
1,254
Sa Diego, California
Transportation, Automotive, Aviation, & Aerospace
Cleantech
B2C
Low
High
Aptera Motors, with a valuation cap of $20 million, is raising crowdfunding on WeFunder. The company plans to create a low-drag aerodynamic vehicle for being more efficient than other vehicles. Aptera Motors already has the prototypes and the technology and is looking for funds to design, manufacture, and distribute the Aptera electric vehicle. Aptera Motors was founded by Steve Fambro and Chris Anthony in 2005 but was liquidated in 2011 due to lack of finances. The current crowdfunding round has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the proceeds will be used to recreate the brand. Aptera Motors is all set to bring in safe, efficient, and sustainable transportation and has set meaningful targets for the future.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-37,898 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$55,368 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$62,202 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Summary of Crowdfunding Raises
| Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/20/2020 | Wefunder | $40,000,000 | $1,070,000 | SAFE | Confirmed Closed | RegCF |
| 03/31/2020 | Wefunder | $20,000,000 | $561,080 | SAFE | Confirmed Closed | RegCF |
Ratings
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