Aptera Motors (2020)
About this raise
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.
Investment Overview
Invested : $561,080
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/29/2019
- Close Date
- 03/31/2020
$100,000
$1,070,000
$100
SAFE
Early Stage
RegCF
$20,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
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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.