Company Profile (AI Text) Name: Bimotal Inc. Canonical URL: https://wefunder.com/bimotal Updated at: 2026-06-20T05:01:10Z Tagline: Powering electric vehicles with better motors, batteries, electronics, and software Key claims: - Total raised on Wefunder: 304550 | citation: https://wefunder.com/bimotal#claim-total-raised - Total investors: 212 | citation: https://wefunder.com/bimotal#claim-total-investors Verified facts: - Total raised on Wefunder: 304550 | observed_at: 2026-06-20T05:01:10Z | expires_at: 2026-06-21T05:01:10Z - Total investors: 212 | observed_at: 2026-06-20T05:01:10Z | expires_at: 2026-06-21T05:01:10Z Computed metrics: - total_amount_raised: 304550 - total_investors: 212 - team_size: 10 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 7 Quick facts: - Big traction: contract with top bike brand to develop industry-leading ebike system (not guaranteed) | citation: https://wefunder.com/bimotal#claim-fact-1 - Investible venture: Over $2.5MM raised to-date | citation: https://wefunder.com/bimotal#claim-fact-2 - Allstar team: Former Tesla Powertrain, Apple, Formula-1, and Aerospace Tech Leads | citation: https://wefunder.com/bimotal#claim-fact-3 - Pick-and-shovel play: Better propulsion will elevate the entire electric vehicle industry | citation: https://wefunder.com/bimotal#claim-fact-4 - Already shipping: B2C product tooled and in the field with custom-written data logging software | citation: https://wefunder.com/bimotal#claim-fact-5 - Rapid scalability: B2B powertrain business model can scale in large steps with each new customer | citation: https://wefunder.com/bimotal#claim-fact-6 - Massive revenue potential: Multiple programs have a path to $100MM+ annual revenue (not guaranteed) | citation: https://wefunder.com/bimotal#claim-fact-7 - Adjacent markets: Lightweight folding wheelchair motor concept in development | citation: https://wefunder.com/bimotal#claim-fact-8 FAQ: - Q: Why don't I see a discount confirmed at checkout when I reserve ahead of time in the 'Friends Invest First'? A: You will see this once the form C is submitted with the SEC (early July), before any money is actually transferred. We’ll make sure you get the discount if you’re within the first $500K invested! - Q: How much of the early investment is still remaining? A: We have over 40% already committed, so we encourage you to move quickly! - Q: Hello, your project is fantastic. I need portuguese information. Please help, i don't speak english. A: International deliveries are starting in 2024. We'll have more product documentation as we build out our service and installation. - Q: Hi, I see no mention of any patents. Do you have any patents awarded or pending? Thanks. Blessings A: Hi Kim, We have 1 patent on Elevate that covers many aspects of the design. This will issue by September 14th! We just submitted 1 provisional on our wheelchair product. And we are working on a family of patents for our mid-drive which has some really great IP. Those 3 provisionals will be submitted by September 7th. Let me know if you have further questions! -Toby - Q: Can you please share 2023 YTD revenue and profitability updates vs. 2022? What do you anticipate to be the 2023 year end revenue total and profit? Also, long term, for investors to see a return, are you considering an IPO or another route? Thank you! A: Hi Jason, Charissa will chime in with the numbers as she reviews those. I'll address the longer term return question. If an acquisition helps us have more impact on the world, faster, we will consider it. If it's simply to "buy a competitor out" with no intention of scaling all of our product lines, we won't consider it. Often there can be liquidity in later venture investment rounds as an additional way for investors to exit. Finally, IPO would be the nominal "exit" if the right acquisition ... Recent posts: - We are closing our Wefunder investment round on Wednesday, January 10th, 2024! (2024-01-03T00:28:29Z) https://wefunder.com/feed/169763 - Holiday Session 5pm Tomorrow - Don't Miss Out! (2023-12-20T00:06:17Z) https://wefunder.com/feed/169552 - Bimotal Holiday Webinar (2023-11-30T21:36:08Z) https://wefunder.com/feed/168741 - Our Wefunder Campaign Video Has a Fresh New Look! (2023-11-11T00:11:33Z) https://wefunder.com/feed/168497 - Four Mid-Drive Patents Filed! (2023-09-14T20:31:31Z) https://wefunder.com/feed/167131 - Elevate Orders are Rolling In, 10 Million Views and Counting! (2023-09-07T18:48:58Z) https://wefunder.com/feed/166756 - Form C Filing Update (2023-08-26T23:33:50Z) https://wefunder.com/feed/165994