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Estonia’s Vok Bikes Raises €3.8 Million To Push Delivery Of Its Electric Cargo Bikes Across Europe

PRIVATEJun 29, 2023

Amount Raised

€3.8 Million

Round Type

Seed

TallinnTransportation

Investors

Enterprise EstoniaSunlySpecialist VCMetaplanetSmart Cap

Description

Tallinn-based start-up Vok Bikes is supplying the last mile delivery space with its electric cargo bikes - it recently launched its new Vok XL model to the market which has a payload of up to 200kg.

Quick answer

Vok Bikes raised €3.8 Million in a Seed round, dated June 29, 2023. Investors: Enterprise Estonia, Sunly, Specialist VC, Metaplanet and Smart Cap. Vok Bikes is based in Tallinn, Harju Maakond, Estonia.

How much did Vok Bikes raise?
Vok Bikes raised €3.8 Million in a Seed round on June 29, 2023.
Who invested in Vok Bikes?
Enterprise Estonia, Sunly, Specialist VC, Metaplanet and Smart Cap are named as investors in this round.
What does Vok Bikes do?
Vok Bikes designs and manufactures automotive-grade, four-wheeled electric cargo bikes built specifically for commercial use in dense urban environments.
Where is Vok Bikes based and how big is it?
Vok Bikes is based in Tallinn, Harju Maakond, Estonia. Fundz records about 20 employees.
Who are the decision-makers at Vok Bikes?
Fundz holds 1 contact at Vok Bikes. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation around the same time

Companies in the same sectors as Vok Bikes that raised within 45 days of this round, from Fundz verified event records.

  • Glydways raised $47M on August 11, 2023.
  • Serve Robotics raised $30M (Funding Round) on August 10, 2023.
  • Cargo Stream raised $1.1M (Seed) on August 10, 2023.
  • Shadowfax raised $60M (Funding Round) on August 2, 2023.
  • Duos Technologies raised $5M on August 2, 2023.
  • Impulse Space raised an undisclosed amount on August 1, 2023.

Who to call at Vok Bikes, and when

A new round usually means Vok Bikes is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Vok Bikes raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Vok Bikes, from your own LinkedIn network

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Company Information

Company

Vok Bikes

Location

Tallinn, Harju Maakond, Estonia

About

Vok Bikes designs and manufactures automotive-grade, four-wheeled electric cargo bikes built specifically for commercial use in dense urban environments. Since launching in 2020, the company has emphasised in-house engineering, resulting in innovations like its proprietary 4Drive drivetrain, which delivers superior ride quality and durability compared to conventional cargo bikes.

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Related People

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Vok Bikes raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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