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Invest in Olympian Motors ✅ (YC W22)

Manufacturing next-gen electric vehicles ⚡⚡ An emerging competitor to Tesla and Rivian

EARLY BIRD TERMS: $112,900 LEFT

$3,454,100

of a $6,870,000 goal
INVESTMENT TERMS
Future Equity
 $70M  $63M valuation cap
Early Bird Bonus: The first $200K of investments will be in a SAFE with a $63M valuation cap
$2K, $5K, $20K, $50K

Highlights

VC-Backed

Raised $250K or more from a venture firm

Y Combinator

Raised from Y Combinator

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⚡️Olympian Motors is manufacturing modular electric vehicles for the U.S. passenger vehicle market.
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✚ $42M revenue backlog. ✚ Booked 547 pre-orders for Model O1 & Model 84.
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⚙️ Developed an open, fully-modular EV platform and OS. ▚ Reduced tooling/machinery costs by ~80%.
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✅ Current Investors: Y-Combinator, Climate Capital, Mobility Vision, Reunited, Soma, Collaborative.

Featured Investors

Our Team

We love aesthetics, minimalism and privacy. We decided to blend timeless design, minimalism and nature to bring people the most elegant electric vehicles of the 21st century.

Olympian Motors is a next-gen electric vehicle company, based in New York.


⚡️ Olympian Motors is manufacturing next-generation electric vehicles.

🌠 Bold and aesthetic designs merged with a modular, open EV platform

🚗 Number of Pre-orders: 549 306 (as of September 9th, 2024)

💸 Revenue Backlog: $42M $19M (September, 2024)

⚑⚑ Next Milestone: First customer deliveries to start in Q4/2024!

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✅ Backed by: Y Combinator, Foxconn, Google, Nvidia, MIH, Columbia University, Stanford University, Mobility Vision Fund, Collaborative Fund, Reunited, Soma, Climate Capital.

🦾 Experienced, technical founder team joined from Tesla, Nvidia, Ford, Qualcomm and Apple.

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⚙️ Our team developed a novel, open, fully-modular EV platform: 'Olympus eMVDS': A disruptive, modular Lego-EV architecture and operating system (OS).

🏭 Current Production Capacity (Q4/2024): 320 vehicles/year

🏭🏭🏭 Projected Production Capacity (2026): 24,000 vehicles

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🌆 Debuted Model O1 and Olympus EV platform at CES 2024 in Las Vegas!

🌆 Launched Model O1 at the NY Tech Week and NYC Climate Week.

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Olympus eMVDS: Our disruptive Lego-EV architecture

Olympian is pioneering modular EV production in the American auto industry.


Olympus eMVDS enables:

80% reduction in tooling & machinery costs
60% faster production-lead-time compared to legacy automakers Ford, GM, Volkswagen.

Olympus MVDS offers a disruptive 'Lego-EV' architecture that drastically cuts tooling, machinery, fitment and labor expenses Reduced production lead times by allowing for rapid go-to-market.

Built with Olympian eMVDS; our disruptive 🢂 modular 🢂 open EV platform.

Key Technical Achievements with Olympus eMVDS:

  • 70-80% reduction in tooling & machinery, fitment costs
  • Built ~40% faster vehicle production lead time.
  • 35% less wiring harness & associated labor expenses
  • Simplified infotainment/navigation module and removed dependency to display screens and buttons.

Our Commercial Milestones:

  • Received 549 276 pre-orders (paid) (as of September 9th, 2024).
  • Built $42M+ revenue pipeline.
  • Started test-drives of Model O1 and Model 84 in Brooklyn, New York.
  • Debuted Model O1 at CES 2024 in Las Vegas!
  • Launched Model O1 in Q3/2024 at the NY Tech Week and NYC Climate Week.
  • Pending traffic approval for NY, CA and FL from the U.S. Federal Traffic & Safety Administration.

Please note: future revenues and performances are not guaranteed.


Rapid Go-to-market Plan:

We are rapidly launching our vehicles (M01 & M82) to the market starting with New York and California. Unlike other EV companies, Olympian doesn't waste time/resources. (It took 9+ years for Lucid and 11+ years for Rivian to make their first shipment).

We have two core objectives:

  1. Change the status-quo in automotive design, and bring aesthetics, style and experience back to the car industry.
  2. Reinvent car manufacturing and bring agility, speed, and cost-efficiency back to the U.S. automotive industry.

Note: the above charts contain future projections which cannot be guaranteed. 

Current & Projected Manufacturing Capacity:

  • Current Production Capacity (Q4/2024): 320 vehicles
  • 🏭 Estimated Production Capacity (Q4/2025): 2,800 vehicles
  • 🏭🏭🏭 Estimated Production Capacity (Q4/2026): 24,000 vehicles

High-caliber, technical founding team backed by leading investors and partners.

  • Team of engineers from Ford, Tesla, Lucid, Qualcomm, Apple, NIO
  • Backed by leading venture capital & angel investors
  • Partnered with the world’s leading technology, component and material providers


Olympian rejects today's commoditized and standardized car experience. We challenge the status-quo in automotive.
We prioritize aesthetic, nature and minimalism.
We use steel and wood in Olympian cars rather than not cheap plastic and toxic chemicals.
We have a minimalistic cockpit, removing dependency to large display screens.

Olympian aims to capture 7% market share in the U.S.:

We can't predict the future, and none of this is guaranteed. But here's what we hope to accomplish:

  • Capture 7% market share in the U.S. passenger vehicle market by 2030 by entering the EV market rapidly with our unique and bold car designs.
  • Outcompete Lucid, Rivian, Ford and GM by 2030, using the advantage of Olympian MVDS - modular vehicle/drivetrain system. We strongly believe that our modular EV approach is a smarter way to produce cars.
  • Pioneer modular EVs and change the manufacturing inertia in United States. We aim to bring speed, cost-efficiency and agility back to the automotive industry.

Overview