Volektra: Funding, Investors & Team (Oct 2026)
At Volektra, we are creating the next generation of electric transportation without using rare earth materials. Our Virtual Magnet™ technology replaces standard permanent magnets with a sophisticated control system, allowing for magnet-free motors that provide unparalleled torque, efficiency, and compactness. We avoid the use of magnets and eliminate any limitations or false environmental claims. Our focus is on innovative engineering that can be easily expanded.
Volektra has raised $5.0M across 2 funding rounds on record, the most recent a Series A of $5.0M announced in Jan 2026.
That round is in line with the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.
Volektra Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Volektra Funding Rounds
1 of 2 rounds was announced without a disclosed amount and is excluded from the total.
Volektra announced an undisclosed round in Apr 2025; the amount was not disclosed.
9 months later, a Series A of $5.0M was announced in Jan 2026.
Volektra Founders and Leadership Team
Contact details for the Volektra team: 1 of 1 has an email address on file.
Start 14-day free trial →Volektra Funding Compared to Other Transportation Startups
Volektra's latest round of $5.0M is in line with the median round in Transportation. Medians cover the last 24 months of disclosed rounds.
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Volektra Funding FAQs
What does Volektra do?
At Volektra, we are creating the next generation of electric transportation without using rare earth materials. Our Virtual Magnet™ technology replaces standard permanent magnets with a sophisticated control system, allowing for magnet-free motors that provide unparalleled torque, efficiency, and compactness. We avoid the use of magnets and eliminate any limitations or false environmental claims. Our focus is on innovative engineering that can be easily expanded.
How much funding has Volektra raised?
Volektra has raised $5.0M across 2 rounds on record. The most recent is a Series A of $5.0M announced in Jan 2026.
When did Volektra last raise funding?
Volektra's most recent funding round on record is a Series A of $5.0M, announced in Jan 2026.
Who founded Volektra?
FundedIQ lists Manish Seth (Founder) at Volektra.
Where is Volektra headquartered?
Volektra is based in El Dorado Hills, California, United States.
How many employees does Volektra have?
Volektra is in the 11-50 employee band.
How does Volektra's funding compare to other Transportation startups?
Volektra's latest round of $5.0M is in line with the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.
About FundedIQ's Volektra Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Volektra is left off this page rather than filled in.
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