Estonian e-cargo startup Vok Bikes gets €800,000 to produce more bikes and expand in Europe

Vok Bikes tech.eu
annelise@tech.eu

Vok Bikes, a Tallinn-based electric cargo bike producer already working with Wolt, has received €800,000 in pre-seed funding from local funds, United Angels VC and Superangel, as well as some regional business angels, including Pipedrive’s recently exited co-founders Ragnar Sass, Martin Henk and Martin Tajur.

Designed specifically for couriers and postal workers, Vok’s first ‘pedelecs’ have hit the streets as delivery bikes, with a range of 100 km and a top speed of 25 km/h.

The new investment will help manufacture the next 100 vehicles and fuel expansion to a couple of major European cities in the next year.

Founded in 2019, the Baltic startup’s first clients also include Lithuanian courier service Ziticity (which is currently expanding in France), Estonian e-scooter producer and fleet operator Tuul by Comodule, and Estonian national postal service provider Eesti Post. Wolt, a Finnish food delivery company, operates in over 100 cities in Europe and Japan.

Vok Bikes tech.eu
Photos by Liisi Ruuse: co-founders Indrek Petjärv, Siim Starke and Riho Koop

Share this:
Share on linkedin
Share on facebook
Share on twitter

Get exclusive access to news, data and actionable insights on the European Tech innovation ecosystem(s)

By subscribing to Tech.eu, you gain instant access to curated European technology news, market intelligence and interviews with leading startup founders, investors and more. Sign up now in under a minute to deepen your knowledge on the European Tech innovation ecosystems on a daily basis.