WATT Car Industries
Two-seater Electric Urban Vehicle
StartupWATT Car Industries is a Tel Aviv-Yafo-based startup in the Automotive & Mobility Technologies sector, established in 2018. Two-seater Electric Urban Vehicle. The company has raised a total of $400K across 1 funding round, currently at the Seed stage. WATT Car Industries was founded by Ran Quantz and Amos Cahan. The company has 1-10 employees. Core technologies: Machinery & Robotics, AGVs.
With $400K in total funding, WATT Car Industries is a Seed-stage company operating in Automotive & Mobility Technologies. The company follows a B2C business model. Product stage: R&D. The company holds 1 patent. WATT Car Industries is identified as relevant to climate technology.
- StageSeed
- ProductR&D
- ModelB2C
- Employees1-10
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$400K
Ran QuantzCo-founder & CEO
Amos CahanCo-founder
1 article covered by sources including www.ynet.co.il.
What does WATT Car Industries do?
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.
How much funding has WATT Car Industries raised?
WATT Car Industries has raised $400K in total funding across 1 rounds. The company is currently at the Seed stage.
Who founded WATT Car Industries?
WATT Car Industries was founded in 2018 by Ran Quantz (Co-founder & CEO), Amos Cahan (Co-founder).
What sector is WATT Car Industries in?
WATT Car Industries operates in Climate Tech, Eco-Efficient Transportation & Logistics, Eco-Efficient Electric Vehicle Infrastructure & Platforms, Automotive & Mobility Technologies, Urban Mobility, with core technologies in Machinery & Robotics, AGVs. Target customers: Transportation & Logistics, Government & City, Defense, Safety & Security, Consumers, Transportation & Mobility, Drivers.
Where is WATT Car Industries located?
WATT Car Industries is based in Tel Aviv-Yafo, Israel, Center District.