Rumble Motors

High-Performance Electric Bikes

Company Information

Website:

https://www.rumblemotors.com/

Sector:

Other Transportation

Location:

Sacramento, CA

Rumble Motors is a Swedish-American electric-vehicle company that designs and manufactures electric bikes.

Its bikes have been sold worldwide, and were featured on the hit HBO television show “Westworld.” Its latest model, the APEX bike, sold out in just two months after its 2022 launch.

Now, Rumble Motors is pivoting to batteries, creating a product that will offer ten-times faster charging speed than traditional lithium-ion batteries. The company will initially target the e-mobility market (projected to reach two trillion dollars by 2030), and aims to have a full-scale manufacturing plant for its bikes and batteries by 2024.

Team Background

Reza Khademi - CEO
Janet Arellano - Managing Director

Co-Investors

Raising
$4.194 million
Committed
$13.635K (0%)
Current Valuation
$17.97 million
Min. Investment
$112
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
Notable Investors
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