Volcon | ePowersports

Building the World’s FIRST All-Electric Outdoors-Vehicle Manufacturer

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Categories
Technology, Automotive, Sports & Fitness
Location
Austin, TX
Expected Close Date
February 18, 2021
Target Raise
$50.00K-$1.07M
No. Investors
999
Security Price
$1
Website
volcon.com
Number of Employees
3
Cash
$1,384,500
Revenue
$0
Short Term Debt
$87,517
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-311,607

Key Deal Facts

Outdoor powersports is booming with record growth, and a transition to EVs is inevitable.
We are currently the only 100% fully electric vehicle company for the outdoor powersports industry.
Patented magnetic torque-tunnel motors produce 2X the torque in 1/2 the size of other motor brands.
Aiming to be the Tesla of the $10B outdoor powersports industry.
Team background in tech, Nasdaq-listed electric vehicles, powersports, engineering and more.

Management Team / Advisory Board Bios

Andy Leisner CEOLifelong powersports industry executive and enthusiast. Motorcycle Industry Council Board Member. Former, world-championship motorcycle racing competitor., Bruce Riggs COOPast SVP and COO of Compal Electronics' Smart Device Group as well as SVP and GM of Quanta. He has experience with tier-one domestic and international electronics manufacturing and operations. He is a past chairman of the IEEE1625 Battery Standard., Hector Moya Lead Engineering Product ManagerMechanical designer and experienced developer of consumer products including two and four-wheel electric vehicles., Adrian James Co-Founder & Board MemberFounder & CEO of Sprout Equity Ventures, an Austin based global investment firm specializing in acquiring and partnering with mature and growing businesses., Christian Okonsky Co-Founder & ChairmanBrought leading-edge products to market for 27+ years. Holds 2 dozen+ U.S. and foreign patents. Worked on engineering Dell’s first notebook computer., Colin Guinn Board MemberColin was the Founder/CEO of DJI North America. DJI is the dominant market leader in the civilian drone industry accounting for around 70% of the world's consumer drone market with revenue of more than $2.5B and over 14,000 employees.
Amount Raised : $2,258,940
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