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Lit Motors
company
About
Lit Motors is designing and developing a self-balancing two-wheeled electric vehicle for urban transportation.
- 11 - 50
Highlights
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $1M
- Industries
- Electric Vehicle,Manufacturing,Transportation
- Founded date
- Feb 1, 2010
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Lit Motors are designing and developing the future of urban transportation.The company was founded by life-long builder and DIYer Danny Kim. Following a near-death experience while hand-building two Land Rovers, Danny was inspired to "chop the car in half" and invent a new vehicle platform aimed at urban drivers.He and his team are designing and developing a self-balancing two-wheeled electric vehicle — currently code-named "C-1" — that combines the romance and efficiency of a motorcycle with the safety and convenience of a car, yielding a new and exciting way to get around the city.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$1M
Lit Motors has raised a total of
$1M
in funding over 2 rounds. Their latest funding was raised on
Mar 5, 2014 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 5, 2014 | Seed | $1M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Lit Motors is funded by 1 investors.
Innovative Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Innovative Fund
|
— | Seed |
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