When was Aptera Motors founded?

Aptera Motors was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Where is Aptera Motors located?

Aptera Motors is headquartered in Carlsbad, United States.

How many employees does Aptera Motors have?

As of Sep 30, 2026, the latest employee count at Aptera Motors is 102.

Is Aptera Motors a funded company?

Aptera Motors is a funded company, having raised a total of $83.4M across 11 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 12, 2011.

When was the latest funding round of Aptera Motors?

Aptera Motors' latest funding was a $***** Series C round on Nov 28, 2024, with participation from 0 investor.

Where does Aptera Motors rank among its competitors?

Aptera Motors ranks 8th amongst 834 active competitors, of which 59 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Faraday Future, which secured $45M in Apr, 2026.

Who are the top competitors of Aptera Motors?

Aptera Motors' top competitors include Tesla, Polestar and Lucid. Among them, Faraday Future secured the most recent funding round in April, 2026.

Aptera Motors - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of solar electric vehicles designed for efficient energy use. The company focuses on integrating solar technology into vehicle design to maximize energy efficiency. It aims to provide vehicles that can operate primarily on solar power. The company is currently testing and validating its vehicle designs.

Website: aptera.us
Social
Email ID: *****@aptera.us

Key Metrics

Founded Year

2005

Location

Carlsbad, United States

Stage

Public

Total Funding

$83.4M in 11 rounds

Latest Funding Round

Series C, Nov 28, 2024, $*****

Investors

California Energy Commission & 9 more

Ranked

8^th among 834 active competitors

Employee Count

102 as on Sep 30, 2026

Investment & Acquisitions

Andromeda

Similar Companies

Agoria Solar Team & 30 more

Exit Details

Public

View Aptera Motors' full profile

Aptera Motors is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Aptera Motors Corp CIN: 0001786471 , United States, Active	Mar 04, 2019	-	31 (As on Dec 31, 2023)	-
APTERA MOTORS CORP CIN: 834079594 , United States, Active	Dec 31, 1999	-	39 (As on Dec 31, 2024)	-

Aptera Motors got listed on Oct 16, 2025.

Click here to take a look at Aptera Motors's IPO in detail

Aptera Motors has raised a total funding of $83.4M over 11 rounds. Its first funding round was on Jul 12, 2011. Aptera Motors has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Aptera Motors:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2024	4963160	Series C	7081595	2791664	8023330	4756670
Aug 23, 2024	6728579	Conventional Debt	3229226	3100165	9616165	4047201
Jun 06, 2024	2896948	Series C	9574308	3582835	9053989	5196624

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View details of Aptera Motors's funding rounds and investors

The founders of Aptera Motors are Michael Johnson and Steve Fambro.

Here are the details of Aptera Motors' key team members:

Michael Johnson: Co-Founder of Aptera Motors and founder of 1 other company. They serve on the boards of 2 companies.
Steve Fambro: Co-Founder & Co-CEO of Aptera Motors and founder of 1 other company.

View details of Aptera Motors's Founder profiles and Board Members

Aptera Motors' employee count trend

Aptera Motors has 102 employees as of Sep 26. Here is Aptera Motors's employee count trend over the years:

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Top competitors of Aptera Motors include Tesla, Polestar and Lucid. Here is the list of Top 10 competitors of Aptera Motors, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tesla 2003, Austin (United States), Public	Electric vehicle and clean energy solutions provider	$408M	Valor Equity Partners, Mercedes-Benz & 72 others	83/100
2nd	Polestar 1996, Torslanda (Sweden), Public	Manufacturer of electric cars	$550M	Feathertopfunding, BNP Paribas & 16 others	79/100
3rd	Lucid 2007, Newark (United States), Public	Manufacturer of electric vehicles and related technologies for consumer markets	$1.13B	Public Investment Fund, BAIC & 17 others	77/100
4th	BYD 1994, Shenzhen (China), Public	Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit	-	Berkshire Hathaway, Hillhouse & 14 others	74/100
5th	Fisker 2007, Los Angeles (United States), Public	Manufacturer of electric cars	$1.11B	Caterpillar, Advantas Capital Ventures & 16 others	72/100
6th	Xiaopeng 2014, Guangzhou (China), Public	Manufacturer of electric vehicles, AI technology, AI automotive, and AI robots	$2.65B	Foxconn Electronics, 5Y Capital & 41 others	72/100
7th	Beijing Che Lixing Information Technology 2015, Beijing (China), Public	Manufacturer of electric vehicles and related automotive products and services	$1.58B	Meituan, Plum Ventures & 15 others	71/100
8th	Aptera Motors 2005, Carlsbad (United States), Public	Developer of solar electric vehicles designed for efficient energy use	$83.4M	California Energy Commission, Cloud Toronto Venture Capital ... & 8 others	66/100
9th	Pravaig 2011, Bengaluru (India), Seed	Electric vehicle manufacturer offering long-range and performance-oriented electric SUVs	$7.62M	Tusker Solutions Innovations, Eren Groupe ... & 37 others	63/100
10th	Faraday Future 2014, Los Angeles (United States), Public	Manufacturer of electric cars	$3.21B	Informa, Evergrande & 14 others	63/100