Aptrea Motors on Wefunder
Do More with a 1,000+Mile Range EV!
Raise to date: $561,080
Reporting Date: 04/05/2020
Key Stats
|
Minimum Raise
$100,000 |
Maximum Raise
$1,070,000 |
Likelihood of Max
|
|
Start Date
08/29/2019 |
Stop Date
03/31/2020 |
Days Remaining
Closed |
|
Security Type
SAFE |
Investment Minimum
$100 |
Deal Type
No Review |
Investment Summary
|
Status
Confirmed Closed |
# of Investors
1,254 |
% of Minimum Raised
561% |
% of Maximum Raised
52% |
|
Dollars Per Day to Reach Max
N/A |
DPD* Committed
$2,610 |
DPD* Category
$0 |
DPD* All Companies
$961 |
$561,080
Commitments
Weekly Commitments ($)
Aggregate Commitments ($)
SEC Filing Data from Kingscrowd
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.