City Transformer

About

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Q&A

What is City Transformer's primary focus?

City Transformer is an Israeli electric vehicle company focused on revolutionizing urban mobility by creating compact, convenient, and eco-friendly electric vehicles. Its mission is to reduce traffic congestion and pollution for a more sustainable urban environment.

What is the key innovation of City Transformer's vehicle design?

The company's innovative design features a patented folding mechanism that allows the vehicle to change its width, adapting for easy parking and maneuvering through traffic.

When was City Transformer founded?

City Transformer was founded in 2014.

How many employees does City Transformer currently have?

City Transformer has 11–50 employees.

What is the total amount of funding City Transformer has raised to date?

City Transformer has raised a total of $21,500,000 USD.

When did City Transformer complete its Series A funding round and who were the lead investors?

City Transformer completed its Series A funding round in May 2022, raising $10,000,000. The lead investors were Lubinski Group and gov.il.

What is City Transformer's current funding stage?

City Transformer is currently in its Series A funding stage.

What is the most recent funding round for City Transformer?

City Transformer had a B Round in 2023, raising $50,000,000.

Which sector does City Transformer primarily operate in?

City Transformer's primary sector is Automotive & Mobility Technologies.

Team · 7

Asaf Formoza

Founder · Co-Founder & CEO

Udi Meridor

Founder · Co-Founder & COO

Eyal Kremer

Founder · Co-Founder & Chief Design Officer

Gideon Goldwine

Founder · CTO & Co-Founder

Erez Abramov

Founder · Co-Founder

Ran Gurit

CFO

Yaron Formoza

VP, Operations & Logistics

Sectors & technology

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