About Aptera Motors
Aptera Motors is a company based in Carlsbad (United States) founded in 2005.. Aptera Motors has raised $83.45 million across 11 funding rounds from investors including Google, California Energy Commission and IdeaLab. Aptera Motors has completed 1 acquisition, including Andromeda. Aptera Motors offers products and services including Aptera Solar Electric Vehicle. Aptera Motors operates in a competitive market with competitors including Polestar, NIO, Tesla, Fisker and Xiaopeng, among others.
- Headquarter Carlsbad, United States
- Stage Public
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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 Aptera Motors Corp.
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IPO & Listings of Aptera Motors
Aptera Motors is a publicly listed company on the NASDAQ with ticker symbol SEV in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aptera Motors
Aptera Motors offers a comprehensive portfolio of products and services, including Aptera Solar Electric Vehicle. 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.
Delivers solar-powered driving with up to 40 miles per day and 400 miles range.
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Funding Insights of Aptera Motors
Aptera Motors has successfully raised a total of $83.45M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $200 thousand completed in November 2024. 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 11
- Last Round Series C — $200,000
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First Round
First Round
(12 Jul 2011)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Series C - Aptera Motors | Valuation |
investors |
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| Aug, 2024 | Amount | Debt – Conventional - Aptera Motors | Valuation |
investors |
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| Jun, 2024 | Amount | Series C - Aptera Motors | Valuation |
investors |
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| 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 Aptera Motors
Aptera Motors has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Google, California Energy Commission and IdeaLab. 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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Government agency focused on clean energy investments
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Founded Year | Domain | Location | |
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Startups in diverse technology sectors are incubated by Idealab.
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Founded Year | Domain | Location | |
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A technology investment firm focused on empowering innovators is operated.
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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 Aptera Motors
Aptera Motors has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Andromeda. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Human-machine interface controllers for electric vehicles are developed.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aptera Motors
| 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 |
Aptera Motors Comparisons
Competitors of Aptera Motors
Aptera Motors 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 Polestar, NIO, Tesla, Fisker and Xiaopeng, 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 |
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
AI-enabled electric cars are developed and manufactured by Xiaopeng.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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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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Latest news on Aptera Motors
Frequently Asked Questions about Aptera Motors
When was Aptera Motors founded?
Aptera Motors was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Aptera Motors located?
Aptera Motors is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.
Is Aptera Motors a funded company?
Aptera Motors is a funded company, having raised a total of $83.45M across 11 funding rounds to date. The company's 1st funding round was a Series C of $133.88K, raised on Jul 12, 2011.
What does Aptera Motors do?
Aptera Motors was founded in 2005 and is headquartered in Carlsbad, United States. Operations focus on the automotive sector, where solar-powered electric vehicles are produced. Key features include resin-infused construction using energy-absorbing steel and aluminum composites, airbag systems, and solar integration that reduces charging requirements. Vehicle designs emphasize structural optimization and efficiency in the electric mobility industry.
Who are the top competitors of Aptera Motors?
Aptera Motors's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
What products or services does Aptera Motors offer?
Aptera Motors offers Aptera Solar Electric Vehicle.
Is Aptera Motors publicly traded?
Yes, Aptera Motors is publicly traded on NASDAQ under the ticker symbol SEV.
How many acquisitions has Aptera Motors made?
Aptera Motors has made 1 acquisition, including Andromeda.
Who are Aptera Motors's investors?
Aptera Motors has 7 investors. Key investors include Google, California Energy Commission, IdeaLab, Meyer Global Management, and Sandy Munro Music.
What is Aptera Motors's ticker symbol?
The ticker symbol of Aptera Motors is SEV on NASDAQ.