Germany · Electrical/electronic manufacturing startup

Volektra

Volektra is an electric drivetrain technology company founded in 2020 and based in Sacramento, California, with additional offices in Krakow, Poland, and Munich, Germany.

Funding reportedLast round: Seed

Electrical/electronic manufacturingMunich, Germany

About Volektra

Volektra is an electric drivetrain technology company founded in 2020 and based in Sacramento, California, with additional offices in Krakow, Poland, and Munich, Germany.

The company specializes in magnet-free motors utilizing its proprietary Virtual MagnetTM technology, which enables high-performance electric mobility without the use of rare earth materials. Volektra offers electric drivetrain platforms and plug-and-play conversion kits that allow both vehicle manufacturers and individual consumers to convert traditional vehicles into efficient electric vehicles (EVs). The company's flagship innovation, the Virtual MagnetTM system, replaces traditional permanent magnets with smart control logic, delivering torque, efficiency, and compactness comparable to permanent magnet synchronous motors. Volektra's product range includes modular hardware and software kits for manufacturers, consumer-focused conversion kits for bikes and trikes, a cloud-based platform for fleet operators, and custom drivetrain solutions for automotive manufacturers. With a focus on democratizing sustainable mobility, Volektra aims to lower technological and cost barriers for both makers and owners of electric vehicles.

What company datasets say Volektra raised

Funding, as reported

Reported in all5Min the source's currency
Last roundSeed
Last round dateApr 2025
Investors listed5

On 2 portfolio pages

Investors who name them

Each firm lists Volektra on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

motor efficiencyconsumersmanufacturingvirtual magnet systemelectric vehicle motorsinformation technology & servicesgreen energy motor technologyelectric motor patentspower electronics integrationsoftware-controlled systemmagnet-free motorcontactless energy transfervirtual magnet technologymagnetless motor innovationzero rare earth dependencyb2c

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Sector
Electrical/electronic manufacturing
Industry code
NAICS 335312, 336320, SIC 3621
Region
Bavaria
Full record
Every detail in the company directory

Electrical/electronic manufacturing in Germany

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