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Local Motors logo — Local Motors designs, manufactures, and deploys next-gen veh...

Local Motors

Local Motors designs, manufactures, and deploys next-gen vehicles.

Founded 2007 United States Chandler, United States 615 employees Venture round Total: $15.25M Manufacturing, Robotics +5

General Information

Company Name Local Motors
Founded Year 2007
Location United States Chandler, United States
Founders / Decision Makers
Team member Team member
Employees 615
Industries Manufacturing, Robotics, SaaS +4
Funding Stage Venture round
Social

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About Local Motors

Local Motors, founded in 2007, is a trailblazing company in the Manufacturing, Robotics, and SaaS industries, based in the United States. The company's slogan, "Local Motors designs, manufactures, and deploys next-gen vehicles," reflects its commitment to innovation and forward-thinking in the transportation sector. Local Motors differentiates itself as a digital OEM, offering micro-manufacturing, sales, service, and operations through a local footprint utilizing a microfactory. Their recent Venture Round investment at 06 May 2021 from GameAbove Mobility signifies a notable milestone for the company, affirming its potential and attracting attention from prominent investors. Local Motors' unique approach to vehicle design and manufacturing positions it at the forefront of the industry, presenting an exciting opportunity for venture capitalists seeking to support cutting-edge and disruptive ventures.

Taxonomy: Local Motors, American motor vehicle company, microfactory, digital OEM, co-creation, micro-manufacturing, Additive Manufacturing, Vehicle Innovation, Crowdsourcing, 3D Printing, Chandler, Arizona, innovative mobility solutions, cognitive self-driving shuttle, Launch Forth

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
GameAbove Mobility
06 May 2021
Venture Round $15.00M 1
Mirai Creation Fund
Mirai Creation Fund
16 Oct 2020
Venture Round Undisclosed 1
Airbus Ventures
Airbus Ventures
15 Jan 2016
Venture Round Undisclosed 2
Scout Ventures
Scout Ventures, Bre Pettis
01 Jul 2014
Venture Round Undisclosed 1
VTF Capital
VTF Capital
16 Sep 2013
Seed Round $250.00K 1
VTF Capital
VTF Capital
06 Jun 2012

Local Motors Alternatives & Competitors

Local Motors vs
Nanomotion
Nanomotion Israel

Nanomotion designs and manufactures advanced motion systems

91 employees
Manufacturing, Transportation
Local Motors vs
Euler Motors
Euler Motors India

Euler is focused on sustainable last mile transport through light electric commercial vehicles.

Series C
763 employees
Logistics, Autonomous and Sensor Tech
Local Motors vs
Electro-Parts SpA
Electro-Parts SpA Italy

Designing and manufacturing of DC & BLDC electric motors | Gearmotors | Blowers | Fans| Home/Office/...

59 employees
Manufacturing, Automotive

FAQ About Local Motors

Local Motors designs, manufactures, and deploys next-gen vehicles.
Local Motors was founded in 2007.
Local Motors is headquartered in Chandler, United States.
Local Motors operates in Manufacturing, Robotics, SaaS, Transportation, Autonomous and Sensor Tech, 3D Printing and Automotive. Its work centres on Local Motors, American motor vehicle company, microfactory and digital OEM.
Local Motors has approximately 615 employees.
Local Motors has completed 6 funding rounds, raising a total of $15.25M. The latest funding stage is Venture round.
Top alternatives and competitors to Local Motors include Nanomotion, Euler Motors, Electro-Parts SpA, LightWare LiDAR, Renault Korea Co.,LTD (르노코리아 주식회사). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Local Motors and Nanomotion are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Local Motors, https://bouncewatch.com/company/local-motors, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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