Olympian Motors
Next-generation, modular electric vehicles
New York, United States · Founded 2021 · $6.0M raised
- Headquarters
- New York, New York
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2C
- Website
- olympianmotors.com
- Total Funding
- $6.0M
- Last Round
- $3.6M SeedNov 2024
- Rounds
- 2
About
⚡️Olympian manufactures timeless, art-deco electric vehicles. We challenge today’s mundane, over-standardized car designs produced by the traditional automotive industry. ► Olympian EVs are powered by an open, modular EV architecture. We are pioneering a new modular production model in the U.S., delivering 85–90% reductions in tooling and machinery costs, and achieved 60–80% faster production-lead-times compared to legacy automakers in the U.S. 💸 Revenue Backlog: $61M+ 🚗 Number of Orders: 790+ 🏭 Production Capacity: 2,400 units in 2026 ✅ Backed by: YC, NVIDIA, Climate Capital, Mobility Vision, Amazon AWS, Soma & Collaborative. -- Olympian has two pillars: 1) Art-deco, aesthetic, but simple electric cars 2) Modular EV architecture that enables rapid, cost-efficient production. Olympian rejects today's mundane and over-standardized car experience. We challenge the 40-year status-quo in automotive design, and bring aesthetic, simplicity and color back to the cars. We are manufacturing electric vehicles with our innovative 'modular' vehicle & drivetrain architecture (MVDS), providing Olympian with strong cost and lead-time advantages compared to legacy automakers like Tesla and Ford. Olympian is disrupting 120+ years old automotive industry and targeting to capture 7% market share in the U.S. automotive market by 2030. Olympian developed a fully-decoupled, modular, EV drivetrain system (eMVDS) that provides a 'Lego-like' vehicle architecture. Built on 4-core-hardware and 2-core software modules, Olympus eMVDS platform unlocks 80% reduction in tooling & machinery costs and built ~60% faster production lead time.
Summary
Olympian Motors is a Climate Tech company based in New York, United States, founded in 2021. It has raised $6.0M in total across 2 rounds, most recently a $3.6M Seed round in Nov 2024. Investors include Y Combinator Continuity Fund, Climate Capital and Newlab.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Nov 2024
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Investors
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