Company Profile (AI Text)
Name: VOLEKTRA
Canonical URL: https://wefunder.com/volektra
Updated at: 2026-06-20T05:01:01Z

Tagline: Electrifying Vehicles with Magnet Free, Smart & Connected Drivetrain Platforms.
Elevator pitch: Think of us like Bosch for smaller vehicles (albeit faster, cost efficient and more agile) We are electrifying anything smaller than a car, be it a bike/2 wheeler or 3 wheeler. We do this using our proprietary Motor/Controller/Communication/IOT technology. Core - As against the state of art motors that use magnets with rare earth minerals, we have invented a ground breaking magnet free motor and control system (no it's not AC or SRM) that surpasses the performance of any existing electric drive and opens endless possibilities while helping avoid nuclear and toxic waste generated by rare earth elements. We will use this motor into our proprietary conversion platforms for smaller vehicles (bikes/2 wheelers/Ape/Tuk Tuk and 1 ton trucks). We use the hardware and develop our own firmware and software and integrate all of that with our back end to provide a truly connected and sustainable solution for last mile mobility. We are committed to save 5 Gigatonnes of CO2 and by 2 Giga Tons of Toxic wastes by 2050 through our products

Key claims:
- Total raised on Wefunder: 162380 | citation: https://wefunder.com/volektra#claim-total-raised
- Total investors: 76 | citation: https://wefunder.com/volektra#claim-total-investors

Verified facts:
- Total raised on Wefunder: 162380 | observed_at: 2026-06-20T05:01:01Z | expires_at: 2026-06-21T05:01:01Z
- Total investors: 76 | observed_at: 2026-06-20T05:01:01Z | expires_at: 2026-06-21T05:01:01Z

Computed metrics:
- total_amount_raised: 162380
- total_investors: 76
- team_size: 5
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 0

Quick facts:
- Mission Oriented Company with $2.5 Million Total Revenue in 3 years & saving 30 Metric Tons Co2/Year | citation: https://wefunder.com/volektra#claim-fact-1
- Order book forecast of min $5M for 2023 (not guaranteed) with cash confirmed orders of $1M | citation: https://wefunder.com/volektra#claim-fact-2
- Patent pending technology for breakthrough magnet less motor and wireless cadence sensor | citation: https://wefunder.com/volektra#claim-fact-3
- Mission 2050- Save 4 Giga tons of CO2 and 2 Giga tons of Toxic waste (due to rare earth elements) | citation: https://wefunder.com/volektra#claim-fact-4
- Top notch team of Ex Tesla/VW/FORD/ABB/SAMSUNG engineers | citation: https://wefunder.com/volektra#claim-fact-5
- Rare mix of Hardware/Software and Mechanical Engineers with MBAs from Kelloggs (US) & WHU (Germany) | citation: https://wefunder.com/volektra#claim-fact-6
- Proven Execution Record - Bootstrapped the company to million dollar yearly revenue | citation: https://wefunder.com/volektra#claim-fact-7
- Global Presence - Present in US/Germany/Poland and India - Ready to Scale | citation: https://wefunder.com/volektra#claim-fact-8

FAQ:
- Q: I invested in a couple of ev companies. Like what you offer. I think what would benefit you is if you had an investor panel and or pitch deck that i see other companies have. Plus if you had a zoom call that people can sign up for to ask questions and you can talk about the op...
  A: Thanks for your comment! We checked about investor panel but wefunder doesn’t offer that anymore. Is the pitch deck not visible? It’s loaded and can be downloaded too. A call as you suggested will be scheduled as well, we are waiting for some stuff to be over so that we can present more. Thanks!
- Q: what is the advantages of a magnetless system vs a magnet based one? is it the simple fact that your using less rare materials or are there efficiency gains to be had? couldn't understand the pitch
  A: Hi, Glad that you asked, please see below: Slide - 4 in the deck shows how our system compares against others. Here is summary: 1. It’s not ‘less’ rare earth it is no rare earth and no magnet. There is a confusion between magnet free and rare earth free systems. Rare earth free motors use Ferrite magnets which are still magnets and have inferior performance, similar to other competing techs. Our product is ‘magnet free’ and it makes big difference for EV supply chains. 2. Performance - We are...
- Q: For the E-Bike market you are serving - What are your TAM, SAM, and SOM numbers and how did you come to the numbers you are providing? As you are serving the European market in specific...narrowing down from the Global market of E-bike approx $31 Billion (for 2023) as per Stat...
  A: Great Question. Assuming you are talking about slide 4 that says total units as 57 M for e bikes. The source is PWC https://www.pwc.com/it/it/publications/docs/pwc-global-bike-and-accessories-market.pdf Estimated Values (Kits and OEM supplies): TAM - $62B, SAM $20.5B (EU/US) SOM -$84M (2025-26) (EU/US) As you see that the numbers are so big that the only thing that matters is our ability to scale and deliver. For more details please drop us an email - info@volektra.com. Cheers,
- Q: You said wefunder doesn't offer investor panel anymore. That has nothing to do with wefunder that is a company thing that not all companies do some companies do it,up to the companies wefunder doesn't control that. I literally this morning looked at the investor panel and pitc...
  A: Pitch deck - We need to see why you are not able to see the deck. It’s right below the video and the pitch. We will send you the screenshot on your email. If you want also the same deck can be shared over email. Can you please share your email at info@volektra.com Investor panel - would be great if you can share the link to those companies on our email - Info@volektra.com so that we can check and take it up.
- Q: i thought you said wefunder said they don't do investor panels etc anymore. i contacted wefunder and like i said they said it is up to the company if they want to do a pitch deck and or investor panel etc. which i hate to say it is common sense how are they going to tell you w...
  A: Thanks for the comments we stand by our previous comments. We are waiting for your email or contact to help you with the pitch deck because from your questions it’s not clear what issue you are facing, everyone else is able to see the deck. If you are interested to know more then the best option is to write to us directly. We do get busy because we have to work hard on our company to create value for our investors who are supporting us. If you want to invest and know more reach out at info@vo...