Smart Electric Vehicle Producer Seeking $3M Expansion Capital

This listing seeks $3 million USD in expansion capital for a Swiss-based producer of Smart Electric Vehicles. The company's technology addresses the growing demand for emission-free, affordable, and compact urban transportation solutions, moving away from traditional status-symbol vehicles. Their mature technology is designed for lightweight, leaning vehicles suitable for short to medium distances, with European and Swiss Type Approval already secured. The company has a history of innovation, with over 2 million CHF invested in product and patents over 10 years, and achieved positive carried forward profit in 2021. They have successfully sold over 4,200 vehicles worldwide, with new models established in the market. The requested capital will be used for expanding sales, developing new markets, product optimization, and securing new patents. The primary bottleneck has historically been production financing, leading to small batches and costly shipping. This funding aims to overcome that by enabling increased production and global sales expansion.