About ANTRIC
ANTRIC is a company based in Bochum (Germany) founded in 2020.. ANTRIC has raised $2.55 million across 1 funding round from investors including Cenntro. ANTRIC offers products and services including Antric Cargobike and Antric V6. ANTRIC operates in a competitive market with competitors including Ayro, Waev, Phoenix Motorcars, MOKE International and Addax Motors, among others.
- Headquarter Bochum, Germany
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Antric Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.55 M (USD)
in 1 rounds
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Latest Funding Round
$2.55 M (USD), Seed
Jul 29, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of ANTRIC
ANTRIC offers a comprehensive portfolio of products and services, including Antric Cargobike and Antric V6. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electric cargobike designed for urban delivery with high payload and pedal assist.
Advanced cargobike featuring compact design and weatherproof features for versatile use.
Funding Insights of ANTRIC
ANTRIC has successfully raised a total of $2.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.55 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(29 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - ANTRIC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ANTRIC
ANTRIC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cenntro. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ANTRIC
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ANTRIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Antric Comparisons
Competitors of ANTRIC
ANTRIC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ayro, Waev, Phoenix Motorcars, MOKE International and Addax Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric utility vehicles are manufactured for various sectors by Ayro.
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| domain | founded_year | HQ Location |
Blockchain platform for secure data storage and sharing is offered.
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| domain | founded_year | HQ Location |
Light and medium-duty electric vehicles are developed for commercial fleets.
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| domain | founded_year | HQ Location |
Developer of electric utility vehicles
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| domain | founded_year | HQ Location |
Electric utility vehicles are developed for urban and industrial applications.
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| domain | founded_year | HQ Location |
Manufacturer of commercial utility vehicles and cloud-enabled fleet management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ANTRIC
When was ANTRIC founded?
ANTRIC was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is ANTRIC located?
ANTRIC is headquartered in Bochum, Germany. It is registered at Bochum, North Rhine-westphalia, Germany.
Who is the current CEO of ANTRIC?
Eric Diederich is the current CEO of ANTRIC.
Is ANTRIC a funded company?
ANTRIC is a funded company, having raised a total of $2.55M across 1 funding round to date. The company's 1st funding round was a Seed of $2.55M, raised on Jul 29, 2022.
What does ANTRIC do?
ANTRIC was founded in 2020 and is based in Bochum, Germany. Operations focus on the development and manufacturing of electric utility vehicles within the automotive sector. Cargo vehicles designed for delivery purposes are produced, incorporating features such as trolleys, shock absorbers, and full-suspension chassis. The company serves the electric mobility industry, emphasizing practical solutions for urban logistics.
Who are the top competitors of ANTRIC?
ANTRIC's top competitors include Ayro, MOKE International and Addax Motors.
What products or services does ANTRIC offer?
ANTRIC offers Antric Cargobike and Antric V6.
Who are ANTRIC's investors?
ANTRIC has 1 investor. Key investors include Cenntro.
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