Investors?

Aptera Community Aptera Discussions Investors?

Aptera Community Aptera Discussions Investors?

  • Investors?

     Henry Kitt updated 1 week, 2 days ago 5 Members · 6 Posts
  • Wilson Tsai

    Member
    November 24, 2021 at 8:12 am

    Curious which round investors came in at?

    Bought in Aptera’s last round.
    Doubled down again on this current round.

    I absolutely love what the company is doing and what they stand for.
    Solid co-founders and management team.

    Been following Tesla, Rivian, Sonos, Lucid and it would be great to see Aptera’s public debut (SPAC/IPO) be as successful.

    I did a thought experiment for the worst case scenarios to keep expectations in check though:
    They take way longer to go into production resulting in a delayed IPO/SPAC.
    Severe market downturn or cooling off of EV mania, resulting in only a $1b-$3b public market cap debut.
    Lukewarm public interest beyond the niche community of Aptera lovers.

    If the above does become reality, would I still have invested?
    Absolutely. Only regret was not having been part of the first WeFunder raise.

    PS: Mad kudos to anyone who took part in their 2019 WeFunder campaign when they were only valued at $25m!

  • Paul Kirchner

    Member
    November 24, 2021 at 2:57 pm

    I sure didn’t roll as high as you but I did throw down some money. I did it just because they’re trying to do something worthwhile. And trying to do something for the good is better than not.

    • Wilson Tsai

      Member
      November 24, 2021 at 5:21 pm

      No matter what your amount, it’s one more vote of confidence in their mission of giving drivers a more sustainable alternative mode of transportation. ✌

  • Joshua Caldwell

    Member
    November 26, 2021 at 8:56 am

    I invested on the second fundraising, the first was already filled and closed within hours and before I went online to do that myself, I invested an equal amount when the Alphas were done and will do same with Betas are done.

    • Dave Mckenna

      Member
      November 26, 2021 at 10:43 am

      Do you think they might close this round at some point? I seem to remember hearing that 40 million would get them into production. There was a recent published report that they had raised 28 million in this round, but I’m not sure how stale that info might be.

      • Henry Kitt

        Member
        November 26, 2021 at 11:27 am

        They’ve been seeking $40 million this round, and collected at least $28 million so far, but they received $20 million in the previous round and $4 million in the Wefunder round before that. I believe they said they had enough for production a long time ago. I’m a bit surprised they haven’t already raised the additional $40 million this round, but beforehand they were seeking $30 million this round and just decided to increase it to $40 million, I think to work on their 4 wheel prototype and to avoid another round before the IPO.

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