About Ultra Motor
Ultra Motor is a company based in London (United Kingdom) founded in 2003 was acquired by Hero Eco in December 2011. Ultra Motor has raised $71.9 million across 8 funding rounds from investors including Flintstone Technology, Alfanor and GDS Consult. Ultra Motor operates in a competitive market with competitors including Gocycle, VOLT Bikes, Haibike, HNF-NICOLAI and FuroSystems, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ultra Motor Limited
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Annual Revenue
$2.83 M (USD)25989as on Mar 31, 2010
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$71.9 M (USD)
in 8 rounds
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Latest Funding Round
$29.3 M (USD), Series C
Feb 11, 2010
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Investors
Flintstone Technology
& 30 more
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Employee Count
Not available
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Acquired by
Hero Eco
(Dec 28, 2011)
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Funding Insights of Ultra Motor
Ultra Motor has successfully raised a total of $71.9M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $29.3 million completed in February 2010. 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.
Investors in Ultra Motor
Ultra Motor has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Flintstone Technology, Alfanor and GDS Consult.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multi-sector
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Delivers comprehensive waste and water management solutions.
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Locked | Locked | Locked | |
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A Romanian company focused on general business consulting services.
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Locked | Locked | Locked |
Investor details for Ultra Motor
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Investments & Acquisitions by Ultra Motor
Investment portfolio details for Ultra Motor
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Financial Statements - Ultra Motor
Detailed financials for Ultra Motor
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Ultra Motor Comparisons
Peer comparison for Ultra Motor
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Competitors of Ultra Motor
Ultra Motor 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 Gocycle, VOLT Bikes, Haibike, HNF-NICOLAI and FuroSystems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Folding electric bikes with automotive-inspired design and technology are manufactured.
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Electric bicycles are manufactured for urban commuting in the UK.
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Electric mountain bicycles are developed and manufactured by Haibike.
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| Locked | Locked | Locked |
Electric bicycles and cargo tricycles are manufactured by HNF-NICOLAI.
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| Locked | Locked | Locked |
Light electric motorcycles and mobility solutions are developed by FuroSystems.
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Detailed competitors of Ultra Motor
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Ultra Motor
Complete news archive for Ultra Motor
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Frequently Asked Questions about Ultra Motor
Ultra Motor was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Ultra Motor is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Joe Bowman is the current CEO of Ultra Motor.
Ultra Motor is a funded company, having raised a total of $71.9M across 8 funding rounds to date.
Annual revenue of Ultra Motor is $2.83M as on Mar 31, 2010.
Ultra Motor was founded in 2003 in London, United Kingdom, as a manufacturer in the electric bicycle sector. Operations focused on developing the A2B electric bicycle range, with offices maintained worldwide. The company faced bankruptcy in 2011 and was subsequently acquired by Hero Eco. Leadership was provided by CEO Joe Bowman during its active period.
Ultra Motor's top competitors include Gocycle, FuroSystems and Haibike.
Ultra Motor has 31 investors. Key investors include Flintstone Technology, Alfanor, GDS Consult, Central Reinsurance Company, and Henry de Giey.
The valuation of Ultra Motor is $106.3M as of Feb 2010.