Olympian Motors, Inc.
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Olympian Motors is an electric vehicle company in New York.
⫸ We are manufacturing modular electric vehicles for the U.S. light-passenger vehicle market.
⫸ An emerging competitor to Tesla, Rivian & Lucid.
Pre-Series A Round of Olympian Motors, Inc.
⫸ Total Fundraising: $12,000,000
⫸ Total Number of Investors : 1,890+
⫸ Notable Investors: Y-Combinator, Climate Capital, Collaborative Fund, Mobility Vision Fund, Reunited, SomaV, former executives from Tesla, Rivian and NIO.
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$2.04
UPDATE: November 13th, 2023
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Olympian Motors, Inc.
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Only the U.S. and Canada residents are eligible to invest.
Olympian Motors is a disruptive electric vehicle company in New York
Manufacturing modular electric vehicles for the U.S. passenger vehicle market
An emerging competitor to Tesla, Rivian and Lucid
- Total Fundraising : $12,000,000
- Share Class : Common Stock (Class-A)
- Number of Investors : 1,890+ (As of November, 2023)
Notable Investors : Y-Combinator, Climate Capital, Collaborative Fund, Reunited, Mobility Vision Fund, SomaVen, and executives from Tesla, Rivian, NIO and Xpeng.
Our Investors
Y-Combinator, Collaborative Fund, Climate Capital, Soma Ventures, Reunited Ventures, Mobility Vision and former executives from Tesla, Rivian, NIO and Xpeng.
Our Partners
MIH-Foxconn, Newlab, AWS, BYD, Qualcomm, NXP, Google Android Auto, Blackberry, RCO.
Public: SEMA, American Manufacturers Association, NYC EDC, NY Manufacturers Alliance, Columbia University and Stanford University.
Our Partners
Investor Rationale:
Disruptive and ambitious EV startup with a unique design approach and modular vehicle technology
- Olympian manufactures passenger electric vehicles with an innovative modular system (MVDS)
- Targeting 7% market share in the U.S. automotive market by 2030
- Olympian primarily focuses on major metropolitan areas across United States.
Innovative Modular Vehicle & Drivetrain System (MVDS)
- We engineered ‘Olympian MVDS’: Built on 4-core-hardware and 2-software modules
- 80% reduction in tooling & machinery costs
- 60% faster production-lead-time compared to legacy automakers
- Game-changing battery efficiency in urban areas with our advanced T-Prismatic LFP modules
- $17M pre-booked revenue
- 282 Paid Pre-orders
- Commercial Launch in Q1/2024 in NY and CA
- Modular EV Production Facilities: Brooklyn Navy Yard, New York and Michigan Central, Detroit
- Current Production Capacity (Q4/2023): 320 vehicles
- Estimated Production Capacity (Q4/2025): 24,000 vehicles
- Team of hardtech and automotive engineers from Ford, Tesla, Qualcomm, NIO, Google, Cisco.
- Backed by leading venture capital & technology funds
- Partnered with world’s leading technology, battery and component providers and ODMs
Reinventing automotive manufacturing in the United States
- We engineered a modular vehicle & drivetrain system (MVDS) to bring top-quality electric vehicles to market more rapidly and cost-efficiently
- We established an efficient, Lego-like, production model, and removed bureaucracy, middle-managers and bottlenecks
- We aim to change the manufacturing inertia in United States
Investor Rationale:
Disruptive electric vehicle startup with a unique design approach and modular vehicle technology
- Olympian manufactures electric vehicles with class & aesthetics
- Targeting 7% market share in the U.S. automotive market by 2030
- Olympian primarily focuses on major metropolitan areas across United States.
- We engineered ‘Olympian MVDS’: Built on 4-core-hardware and 2-software modules
- 80% reduction in tooling & machinery costs
- 60% faster production-lead-time compared to legacy automakers
- High battery efficiency in urban areas with our advanced T-Prismatic LFP modules
- Removing dependency to large display screens for drivers
- $17M revenue pipeline (As of July 2023)
- 261 paid pre-orders
- Production Facilities: Brooklyn Navy Yard, New York and MIchigan Central, Detroit (by Q4/2023)
- Current Production Capacity (Q3/2023): 320 EVs
- Estimated Production Capacity (Q4/2025): 24,000 EVs
- Commercial Launch in Q3/2023 in NY and CA
- Team of engineers from Ford, Tesla, Lucid, Google, Qualcomm and NIO.
- Backed by leading venture capital & angel investors
- Partnered with world’s leading technology, component and material providers
Reinventing automotive manufacturing in the United States
- We engineered a modular vehicle & drivetrain system (MVDS) to bring top-quality electric vehicles to market more rapidly and cost-efficiently
- We established an efficient, Lego-like, production model, and removed bureaucracy, middle-managers and bottlenecks
- We aim to change the manufacturing inertia in United States.
Our Team
We are a team of engineers, builders and makers.
Eren
Adam
Head of Vehicle Engineering
Gigi
Jasmine
Nicholas
Product Engineering
Oz
Manufacturing Lead
Angela
Supply-Chain Lead
Henry
Strategic Advisor
Are you interested in joining the Olympian Team?
Please contract us: careers (at) olympianmotors.com
Open Positions:
+ New York – Drivetrain Engineer (Senior)
+ New York – Electrical Design Engineer
+ New York – Manufacturing Operations Lead (Senior)
+ New York – Manufacturing & Ops Specialists
+ Remote – Senior Software/Auto OS Architect
Open Positions:
+ NY: Drivetrain Engineer (Senior)
+ NY: Electrical Design Engineer
+ NY: Manufacturing Process Eng.
+ NY: Manufacturing Ops Lead
+ Remote: Snr. Software/OS Architect
Why Olympian?
- Olympian Motors is a unique, early-stage investment opportunity, well positioned at forefront of the rapidly growing electric vehicle market.
- Olympian has a strong and high-caliber team, backed by multinational investors and partners
- Olympian electric vehicles has a distinctive design and driver experience compared to standard cars
- Olympian engineered an innovative Modular Vehicle & Drivetrain System (MVDS) to build Lego-like EVs
- Olympian has more efficiency battery consumption rates than Tesla Model 3, Rivian R1T, Lucid Air
- Olympian achieved 75-80% reduction in tooling, machinery, fitment & labor costs
- Olympian built 60% faster production-lead-time compared to legacy automakers
- Olympian is bringing agility, speed and cost-efficiency back to the American auto industry.
Investor FAQ
- Distinctive designs: Olympian designs reject the status quo and disrupts the over-standardized car des
- Modular EV System (MVDS): Olympian MVDS cuts tooling/machinery costs by 75-80% and shortens production lead times by 60% compared to legacy automakers. An average car requires assembly of 3,000-5,000 different metal, plastic, electrical and mechanical components, while Olympian EVs are built on 6 modules and 24 components. Olympian is pioneering the modular EV production in the U.S.
- Flexible, Scalable, Lego-Like Production: Our modular EV production model is robust and cost-efficient. We eliminated heavy-CAPEX and high-inventory requirements. We eliminated labor-heavy organizations and decreased dependency to labor unions. We removed bureaucracy, the army of middle-managers and colorful powerpoint files.
- Rapid go-to-market: Olympian customers do not have to wait 3-5 years for their EVs to be delivered. We shortened design-to-production period from 6+ years (the industry average) to only 8 months. Unlike other EV companies, we don’t waste time and resources. Please note that it took 11+ years for Lucid and 12+ years for Rivian to make their first commercial shipment.
- Natural and intuitive driver dashboard: Olympian eliminates distractive display screens and over-digitalized interiors. Instead, we offer a very simplistic, user-friendly and safe cockpit dashboards. We believe display screens are distractive, unsafe and not aesthetic.
$30M. (Est. Share Price: $2.04)
It’s too early to answer.
Our primary objective is to diligently execute our plans and establish Olympian as one of the largest automakers in the U.S. by 2030.
We plan to conduct an IPO by 2027 at the latest, but any further speculation would be premature.
- Production & delivery of 320 Olympian EVs to customers in 2024.
- Expand our modular production capacity to 2,000 vehicles across New York & Detroit facilities.
- Fully establish our service-maintenance network in NY, CA & FL.
- Integration of Olympian OS / Infotainment software modules.
- Upgrade our manufacturing & supply-chain with new technology & production partners.
- Complete federal & state-level safety compliance and homologation procedures.
- Model O1 (Sedan): $80,000
- Model 84 (SUV): $70,000
Valid for the U.S and Canada markets.
Our vehicles are dedicated to entrepreneurs, scientists and artists and also men in mid-life crisis!
Our current focus is on four major U.S. metropolitan areas: NYC, SF, LA and Miami.
We are targeting drivers who appreciate experience, aesthetics, class and nature.
You can sign up to invest now. Our team will share the further details with you accordingly.
If you’re representing a VC/PE fund or family office, please reach out to us at [email protected]
Investor Relations: [email protected]