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Blitz Motors
Former names:
Electric Scooters for Last Mile Logistics
Stealth Mode
PUBLIC on TASE on Dec, 2020
Blitz Motors
Blitz Motors Overview
BLITZ is focused on providing a cleaner, more cost-effective means of commercial transportation and a full range of first- and last-mile services, including 24/7 support, operations, insurance, maintenance, and repairs.
The company’s smart eMobility offerings are equipped with data analytics for predictive maintenance and enhanced operational efficiency, enabling customers to mitigate any problems with their moped fleets before they arise.
BLITZ scooters have driven over 20 million kilometers to date and saved 95% in overall energy costs for private consumers, government agencies, and corporations including Domino’s Pizza, McDonald’s, Pizza Hut, and the Israel Postal Company.
The company’s smart eMobility offerings are equipped with data analytics for predictive maintenance and enhanced operational efficiency, enabling customers to mitigate any problems with their moped fleets before they arise.
BLITZ scooters have driven over 20 million kilometers to date and saved 95% in overall energy costs for private consumers, government agencies, and corporations including Domino’s Pizza, McDonald’s, Pizza Hut, and the Israel Postal Company.
Cumulative Funding Raised Over Time ($)
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Blitz Motors Climate Tech relevance
Blitz Motors specializes in electric mobility solutions, particularly scooters, which produce zero tailpipe emissions, contributing to a reduction in greenhouse gas emissions.
They also design electric scooters for last-mile delivery, a key part of urban logistics. These eco-friendly solutions help mitigate the environmental impact of delivery services, known for high emissions from constant stops and starts.
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https://blitzmotors.com/
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Israel
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Blitz Motors Financials
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Public Offerings & Exits
Reverse Merger
EXIT
Dec 2020
Stock Exchange
TASE
Acquired
Company
Inbar Group
Private Equity Funding
PIPE
$6.31M
Dec 2021
2
Investors
$6.31M
Undisclosed Round
$4.16M
Jun 2021
0
Investors
$4.16M
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Blitz Motors Lifecycle
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PIPE
$6.31M
Dec 2021
2
Investors
$6.31M
Undisclosed Round
$4.16M
Jun 2021
0
Investors
$4.16M
Reverse Merger
EXIT
Dec 2020
Stock Exchange
TASE
Acquired
Company
Inbar Group
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