Aptera Motors (2024)
About this raise
Aptera Motors, an automobile manufacturing company, is raising funds on Republic through Reg A+ crowdfunding. The company is making electric vehicles with higher energy efficiency, better manufacturing efficiency, and lower costs. Chris Anthony founded Aptera Motors in 2019. The current crowdfunding round has no minimum target and a maximum target of $41,270,000. The raise proceeds will be used towards development and design, production and equipment, and general and administrative expenses. Aptera Motors already has over $350 million in pre-orders, with 10,000 people already reserved a vehicle. The company is entering the growing electric vehicles market and aims to earn a significant portion of the growth.
Investment Overview
Invested : $1,726,577
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 12/19/2022
- Close Date
- 05/22/2024
$210
$41,270,000
$210
Equity - Common
Growth Stage
RegA+
$10.50
$795,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $80,000,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/25/2025 | Dalmore Group | $986,264,067 | - | Equity - Common | Active | RegA+ |
| 07/02/2024 | Dalmore Group | $795,000,000 | $40,500,075 | Equity - Common | Funded | RegA+ |
| 06/30/2024 | Issuance Express | $835,948,029 | $3,458,479 | Equity - Common | Funded | RegCF |
| 05/22/2024 | Republic | $795,000,000 | $1,726,577 | Equity - Common | Funded | RegA+ |
| 12/18/2022 | Dalmore Group | $200,000,000 | $45,811,124 | Equity - Common | Funded | RegA+ |
| 12/20/2020 | Wefunder | $40,000,000 | $1,070,000 | SAFE | Funded | RegCF |
| 03/31/2020 | Wefunder | $20,000,000 | $561,080 | SAFE | Funded | RegCF |
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.