ANTRIC

Bochum, Germany Founded: 2020 • Age: 6 yrs
Electric cargo utility vehicles are manufactured for delivery applications.

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
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website antric.de
  • Social LinkedIn Instagram
  • Legal Name Antric Gmbh
Key Metrics
  • Total Equity Funding
    $2.55M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.55M (USD), Seed

    Jul 2022

  • Investors

Products & Services of ANTRIC

ANTRIC offers a comprehensive portfolio of products and services, including Antric Cargobike and Antric V6.

Antric Cargobike
Electric Vehicle

Electric cargobike designed for urban delivery with high payload and pedal assist.

Antric V6
Cargo Bike Model

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 $2.55M
  • Total Rounds 1
  • Last Round Seed β€” $2.55M
  • First Round $2.55M

    (Jul 2022)

  • Investors Count 1

All 1 funding rounds of ANTRIC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$2.55MSeed––
Valuation history

1 investors in total: 1 institutional.

Investors in ANTRIC

ANTRIC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cenntro.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions
2013cenntroauto.comSparks, United States
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Investor details for ANTRIC

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People of ANTRIC

2 people are tracked at ANTRIC (2 in leadership).

NameRoleGroup
Moritz Heibrock
Managing DirectorLeadership
Eric Diederich
CEOLeadership
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Complete people profiles for ANTRIC

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Timeline of ANTRIC

2 dated milestones of ANTRIC across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded ANTRIC is founded.
  2. Funding First funding round of $2.5M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ayro.com2017Round Rock, United States$3.27M58
Electric utility vehicles are manufactured for various sectors by Ayro.
waev.com2021Boston, United States$375,000–
Blockchain platform for secure data storage and sharing is offered.
phoenixmotorcars.com2002Ontario, United States–30
Light and medium-duty electric vehicles are developed for commercial fleets.
mokeinternational.com1964London, United Kingdom–9
Developer of electric utility vehicles
addaxmotors.com2015Deerlijk, Belgium$11.53M25
Electric utility vehicles are developed for urban and industrial applications.
evts.com2015Brookline, United States$5.15M–
Manufacturer of commercial utility vehicles and cloud-enabled fleet management solutions
rootselectricvehicles.com1990Coimbatore, India–1,981
Manufactures golf carts and electric vehicles for automotive and campus applications.
tripl.com2001Kolding, Denmark$325,000–
Urban cargo electric vehicle
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Detailed competitors of ANTRIC

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Latest news on Antric

Antric receives $2.5 million
Startbase β€’ 4 years ago
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Complete news archive for ANTRIC

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Similar companies to ANTRIC

10 companies that operate in the same segment as ANTRIC (Electric & Green Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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Frequently Asked Questions about ANTRIC

ANTRIC was founded in 2020 and raised its 1st funding round 2 years after it was founded.

ANTRIC is headquartered in Bochum, Germany. It is registered at Bochum, North Rhine-westphalia, Germany.

Eric Diederich is the current CEO of ANTRIC.

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 2022.

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.

ANTRIC's top competitors include Ayro, MOKE International and Addax Motors.

ANTRIC offers Antric Cargobike and Antric V6.

ANTRIC has 1 investor. Key investors include Cenntro.

ANTRIC operates through Antric Gmbh.

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