Alpha Motor Corporation (2025)
About this raise
Alpha Motor Corporation, with a valuation of $350.11 million, is raising funds on StartEngine. It is an automobile and mobility company focused on manufacturing sport, utility, and adventure electric vehicles. Alpha Motor Corporation’s patented and unique vehicle system includes dimensionally adjustable chassis and interchangeable power components, interior components, and other components. The company has received 66,000 pre-orders and is moving towards pre-production vehicle development. Edward Lee and Jada Lee founded Alpha Motor Corporation in August 2020. The current crowdfunding campaign has a minimum target of $14,970 and a maximum target of $3.02 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and reserves.
Investment Overview
Invested : $656,539
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 12/21/2023
- Close Date
- 04/30/2025
$14,970
$3,760,664
$499
Equity - Common
Growth Stage
RegCF
$49.90
$350,111,224
Company & Team
Company
- Year Founded
- 2020
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$120,587
as of FY2023
-
Runway
-
6.6 months
as of FY2023
- Gross Margin
-
48%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- Grants
- $1,974,176
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.