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Lit Motors
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Developer of an electric two wheeled gyro-stabilized closed scooter/car hybrid and an electric cargo scooter

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector micromobility

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters San Francisco, CA San Francisco, United States
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Updated by Cleantech Group on 08/06/2021

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Date Investors Type Amount
Kelly Slater (391025) Kelly Slater (391025) , Mark Pincus (391026) Mark Pincus (391026) , Kim Jung-Ju (391028) Kim Jung-Ju (391028) , Scott Belsky Scott Belsky , Yves Béhar (391032) Yves Béhar (391032) (5)
Post-money valuation of
Series A $1,000,000
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kubo

Electric scooter with 300 lbs of storage capacity. A “pickup truck on two wheels.”

 Product Development Products - Retail
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