Bimotal

Make Any Bike Electric

Company Information

Website:

https://bimotal.com/

Sector:

Other Transportation

Location:

Berkeley, CA

Bimotal designs and develops custom electric powertrains for small electric vehicles (think those between twenty and fifty pounds).

A powertrain is the motor, gearbox, battery, charger, electronics, and software that makes a vehicle electric. Tesla is pushing this technology for large EVs, but smaller ones — bikes, scooters, etc. — need the same level of technical development. That's where Bimotal comes in.

This company features a team with experience at Tesla, Apple, and Formula-1. And it's raised nearly three million dollars to-date.

Bimotal has a five-and-a-half million-dollar contract with a top bike brand and is in preliminary talks about a powertrain system for wheelchairs.

Team Background

Toby Ricco - Founder & CEO
Matt Rounds - Associate Director of Engineering

Co-Investors

Raising
$1.235 million
Committed
$239K (19%)
Current Valuation
$28.5 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
Notable Investors
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