City Transformer is an innovative company that aims to revolutionize urban mobility with the development of the world’s first all-electric mobility solution. The company's vehicles are designed to adapt their dimensions and riding behavior to effectively navigate the complex challenges of urban environments. Voted one of the "top 10 cars of IAA mobility 2021" and named one of the "best inventions of 2020" by Time magazine, City Transformer has garnered attention and recognition for its groundbreaking approach. The vehicles offer the maneuverability of a motorcycle combined with the safety and convenience of a car, providing superior city riding experiences without compromise. Moreover, with 75% space and weight savings, they offer exceptional low total cost of ownership. Built on a patented modular platform, these vehicles are equipped for multiple bespoke applications and flexible engagement models. The company, based in Israel, received its Series A investment on 01 August 2021, signaling confidence and support from investors in its vision for the future of urban transportation. The company operates within the Transportation, Clean Energy, and Autonomous and Sensor Tech industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | Unknown | - | 01 Aug 2021 | |
Seed | Unknown | - | 29 Nov 2020 | |
Seed | Unknown | - | 01 Feb 2020 | |
Seed | Unknown | - | 02 Dec 2018 | |
Grant | Unknown | - | 06 Sep 2017 |
No recent news or press coverage available for City Transformer.