WATT Car Industries Overview
WATT specializes in urban mobility solutions, offering a two-seater car platform designed for city driving. This platform prioritizes aspects such as safety, space efficiency, ride comfort, ease of parking, and aesthetics. It incorporates elements from different transportation modes to create a compact urban transportation option. Given the expected global urbanization trend, with approximately 66% of the population projected to live in urban areas by 2050, WATT addresses the issue of underutilized cars, with an average occupancy rate of 1.2 persons per vehicle and vehicles remaining idle 96% of the time. WATT aims to align vehicle design with the evolving needs of urban living.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
הישראלים שממציאים את הגלגל, עם נוסעים בתוכו
Israeli start-up WATT is developing a unique urban transportation vehicle, a capsule in the shape of a large wheel that offers space for two passengers. The idea, first published about 150 years ago, has been featured in many films and there have been several attempts to produce it. However, until now the mechanism has not matured into a vehicle with real marketing capability. The company is currently in the process of raising investors and a prototype ready for movement is expected to make its debut in about two years.
InvestmentExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $400K |
| Last funding | $400K |
| Stage | Seed |
| Rounds | 1 |
| Investors | 0 |
Team Members
4
Employees: 1-10
Web & Social Links
| Website | www.watt-ecar.com/ |
Locations
Tel Aviv-Yafo, Israel
Photos & Videos
5 item(s)
