Aptera Motors (2020)
About this raise
Aptera Motors, with a valuation cap of $40 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 and has raised over $3.2 million since its inception. The current crowdfunding round has a minimum goal of $100,000 and a maximum goal of $550,000, and the proceeds will be used for vehicle development and engineering, tooling and production equipment, development vehicle testing, marketing, and business development. Aptera Motors expects to realize margins of 35% selling 10,000 units per year by 2022.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 11/13/2020
- Close Date
- 12/20/2020
$100,000
$550,000
$100
SAFE
Early Stage
RegCF
$40,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| 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.