Vok bikeThe four -wheeled electronic cargo bike has a Estonian company behind the new generation, raising $ 5 million to extend out of Europe and to accelerate the vans away from the city centers.
The Series A Funding Round is led by SQM Lithium Ventures, Corporate Venture Capital Team SQM International Lithium (SQMI). Investors exist in this round joined the state-backed VC funds of Metaplante, expert VC, Sunley and Smartcap-Eastonia, whose green fund investment is supported by the EU Nextzenaru Recovery Plan.
“Van is a blunt tool for a perfect job” IndustryCEO and VOK co-founder of the bike. “Cities have changed, and VO is designed for how they move todayThe “
Founded in 2019, VOK bikes designed and produce automotive-grade, four-wheeler electronic cargo bikes specially built for commercial use in dense urban environment.
Since its inauguration in 2021, the company has emphasized in-house engineering, resulting in the invention of the 4 drive-like drivetren, which provides higher ride quality and durability than conventional cargo bikes.
Food distribution platforms from National Postal Service in 5 countries across Europe serve the clients to the micro-service supplier, a mobile car in the Netherlands serves clients in the bakery of London.
The start -up adoption Olt scales its fleet in seven countries, and the IKEA stores of Utrecht and Stockholm now provide voca bikes for customer rentals.
Total, VOK bikes have collected more than $ 10 million in Venture Capital.
“We are shocked to support a brand that is defining the electronic status a new“Said Mark PhoneCEO of SQM International Lithium. “Raising the bar by providing equivalent reliability and journey quality with the automotive values of VOK-R-4 drive system and top level engineering methodsThe “
Since cities tighten the emission rules and deal with increasing traffic, the VO presents an alternative that is both eco -friendly and commercially effective.
In an examination of the e-Bike Rental Company Zumor, a VO defeated a van in 20 minutes on the delivery route through XL London-a 44% faster delivery time and no parking delay.
According to the statistics given to the VO, the costs show that VO is 5% more than 5% of the smaller city van for more than five years due to low fuel, maintenance, tax and parking costs. In cities like London, 666% of vans work using less than half of their cargo space. VOK is the right size for the city supply, no one “Weight, power or space“.
“Each VO e-bike produces 95% lower than petrol cars, supplies up to 100 and glide through city traffic“Said Mark Bushbi Modern Milkman, UK -based distribution company. “We are already watching business and environmental facilitiesThe “
VOK bikes have aimed to be the key player in the shift towards sustainable urban dynamics, including new funds, strong client tractions and a product for modern logistics.
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