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INVEST IN OLYMPIAN MOTORS ✅ (YC W22)


MANUFACTURING MODULAR ELECTRIC VEHICLES IN NY. ⚡ AN EMERGING COMPETITOR TO TESLA
AND RIVIAN.

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SPREAD THE WORD

Help Olympian Motors ✅ (YC W22) get the funding they need


EARLY BIRD TERMS: $181,093 LEFT




$3,263,907


raised from 622 investors

INVEST

min $250

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INVESTMENT TERMS
Future Equity
 $30M  $28M valuation cap
Early Bird Bonus: The first $1M of investments will be in a SAFE with a $28M
valuation cap
Investor Perks:
$2.5K, $10K, $25K, $50K, $100K

A Future Equity Agreement (SAFE) gives you the right to future shares in the
company. If you invest, you're betting the company will be worth more than $28M
eventually.


Learn more about SAFEs

olympianmotors.com
New York NY

Technology Y Combinator Hardware B2C Transportation
Overview Details
Updates
3
What People Say
236
Ask a Question
17



FEATURED INVESTORS

Investors include

Sam SilversYCombinatorCollaborative FundClimate CapitalSoma Ventures
Previous


SAM SILVERS
IDENTITY VERIFIED


Syndicate Lead



Invested in 
Olympian Motors (YC W22)

Olympian Motors (YC W22)

Manufacturing modular electric vehicles in NY. ⚡ An emerging competitor to Tesla
and Rivian.



--------------------------------------------------------------------------------

Follow

21 followers coinvesting US$1.294M/deal

Olympian has been on my radar since Y-Combinator’s first investment.

Their art-deco EVs are brilliant. I took test drives in NYC last month, and
Model O1, in particular, captures strong mid-century modern vibes with a
James-Bond touch.

I’m impressed by both founders. They are ambitious and possess deep technical
expertise. Their new ‘Lego-EV‘ system accelerates production by 4-5X. With
upcoming launches in NY and CA, it will be interesting to watch Olympian in the
next 12 months.

I’m investing again because electric vehicles are the future, and Olympian
Motors could be a sensational story in that future. I’m excited.

Read More

Invested $140,000 this round & $85,000 previously


YCOMBINATOR

Startup Accelerator



--------------------------------------------------------------------------------

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26 followers coinvesting US$31K/deal


COLLABORATIVE FUND

Notable

Back entrepreneurs, businesses, and protocols pushing the world forward



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5 followers


CLIMATE CAPITAL

Notable

Venture Capital and Private Equity Principals



--------------------------------------------------------------------------------

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3 followers


SOMA VENTURES

Venture Fund Focused on SaaS, Hardware, Software



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5 followers

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HIGHLIGHTS

1
⚡️Olympian Motors is manufacturing modular electric vehicles for the U.S.
passenger vehicle market.
2
⚙️We engineered a new Modular Vehicle-eDrivetrain (MVDS). ▚ Reduced
tooling/machinery costs by ~80%.
3
✚ $19M revenue pipeline. ✚ Booked 306 pre-orders for Model O1. Production
Capacity:320 EVs (Q4/2023)
4
✅ Current Investors: Y-Combinator, Climate Cap, Reunited, Soma Ven, CollabFund,
Mobility Vision Fund
5
🦾High-caliber, technical founding team from Tesla, Ford, Qualcomm, Apple,
Toyota and NIO.
6
🤝 Partnered with MIH-Foxconn, NXP, Qualcomm, AWS, Android GAS, BYD, Stanford &
Columbia University.
7
⚑ Test-drives started in our facility in Brooklyn, NY. Full commercial launch in
Q4/2023 for NY, CA.
8
⏩Targeting 7% share in the U.S. passenger-vehicle market in 2030 ⊶ outcompeting
Ford, Rivian, Lucid.

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OUR TEAM

Eren Alan Canarslan
Founder, CEO & Chief Engineer

Electronics Engineer and ex-VC turned Entrepreneur. Previously at Qualcomm,
focused on Snapdragon automotive, Digital Chassis, AR/XR & satellites. Eren
started his career at Ford's R&D team. Holds MBA from Columbia & BSc Degree in
Electronics Engineering.
We love aesthetics, minimalism and privacy. We decided to blend timeless design,
minimalism and nature to bring people the most elegant electric vehicles of the
21st century.

Adam Ruddle
Head of Vehicle Engineering

Adam played critical engineering roles at Tesla, Canoo, Pininfarina. He led
pivotal EV projects including NVH development for Tesla Model S, Tesla submarine
car, Battista electric hypercar and electric Light Tactical Vehicle prototype to
U.S. Army in 2022

Jasmine Sungu
Head of Operations & Strategy

Previously a Business Development Lead at Cisco. Prior to that, Jasmine led two
large-scale EV manufacturing/supply-chain projects at IBM and E&Y. She started
her career at Merrill Lynch as a BD analyst. She holds a BA in Economics from
NYU.

Gigi Huang
Head of Drivetrain

Experienced powertrain and battery engineer. Previously worked at Nimbus EV,
Xing Mobility and Rovilus Mobility. He has extensive experience in drivetrain
and vehicle development programs. Holds a BSc Degree in Mechanical Engineer from
Virginia Tech.

Show More

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OLYMPIAN MOTORS IS A MODULAR ELECTRIC VEHICLE COMPANY, BASED IN NEW YORK.




⚡️ Olympian manufactures modular electric vehicles with class & aesthetics.

🚗 Number of Pre-orders: 306 276 (as of December 9th, 2023)

▚ ▚ Revenue Pipeline (assuming pre-orders convert): $19M (December, 2023)

⚑⚑ Next Milestone: Debuting Model O1 at CES 2024 in Las Vegas! (January 9-12,
2024)

🌆 Launched Model O1 in Q3/2024 at the NY Tech Week and NYC Climate Week.

---

⚙️ Our team engineered Olympian eMVDS: A disruptive, modular Lego-EV
architecture.

🏭 Current Production Capacity (Q4/2023): 320 vehicles (across Brooklyn &
Detroit sites)

🏭🏭🏭 Projected Production Capacity (Q4/2025): 24,000 vehicles

---

✅ Backed by: Y Combinator, Newlab, Collaborative Fund, MIH Foxconn, Mobility
Vision Fund, Reunited, Climate Capital, Soma Ventures, Columbia University,
Stanford University.

🦾 Experienced technical founder team joined from Ford, Tesla, Qualcomm, Apple,
NIO.

---







OLYMPIAN EMVDS: OUR DISRUPTIVE LEGO-EV ARCHITECTURE

> Olympian is pioneering modular EV production in the American auto industry.




Olympian eMVDS enables:

> 80% reduction in tooling & machinery costs

> 60% faster production-lead-time compared to legacy automakers Tesla, Ford, and
> Rivian.

Olympian MVDS offers a disruptive 'Lego-EV' architecture that drastically cuts
tooling, machinery, fitment and labor expenses Reduced production lead times by
allowing for rapid go-to-market.





OUR MODULAR, 'LEGO-EV' ARCHITECTURE:

 * Olympian MVDS is built on 4-core-hardware and 2-software modules.
 * We built an efficient, Lego-like, production model, and removed bureaucracy,
   middle-managers and bottlenecks.
 * Partnered with the world’s leading technology, component and material
   providers




BUILT VIA OLYMPIAN EMVDS, OUR DISRUPTIVE MODULAR EV ARCHITECTURE.

🢂 Model O1 (Sedan) and 🢂 Model 84 (SUV)


OLYMPIAN EMVDS KEY TECHNICAL ACHIEVEMENTS:

 * 70-80% reduction in tooling & machinery, fitment costs
 * Built ~30-50% faster vehicle production lead time.
 * 8% less wiring harness & associated labor expenses
 * Achieved 4% higher miles/kwh battery efficiency in urban areas than the 2022
   Tesla Model 3 and 2022 Rivian R1T.
 * Simplified infotainment/navigation module and removed dependency to display
   screens and buttons.



--------------------------------------------------------------------------------





OLYMPIAN'S COMMERCIAL MILESTONES:

 * Received 306 276 pre-orders (paid) (as of December 9th, 2023).
 * Built $19M revenue pipeline.
 * Started test-drives of Model O1 and Model 84 in Brooklyn, New York.
 * Started manufacturing the initial batch of EVs in Brooklyn & Detroit
   facilities. 2023 capacity: 320 vehicles. 2024 capacity 2,800 vehicles. 2025
   capacity: 24,000 vehicles
 * Pending traffic approval for NY, CA and FL from the Traffic & Safety
   Administration
 * Debuted Model O1 at NY Tech Week and NYC Climate Week in Q3/2023.
 * Currently pending traffic approval from the U.S. DoT (CA, NY, FL, NV, CT)

Please note: future revenues and performances are not guaranteed.






Rapid go-to-market plan:

We are rapidly launching our vehicles (M01 & M82) to the market starting with
New York and California. Unlike other EV companies, Olympian doesn't waste
time/resources. (It took 9+ years for Lucid and 11+ years for Rivian to make
their first shipment).

We have two core objectives:

 1. Change the status-quo in automotive design, and bring aesthetics, style and
    experience back to the car industry.
 2. Reinvent car manufacturing and bring agility, speed, and cost-efficiency
    back to the U.S. automotive industry.



Note: the above charts contain future projections which cannot be guaranteed.

--------------------------------------------------------------------------------


OLYMPIAN EV MANUFACTURING CAPACITY:

 * Current Production Capacity (Q2/2023): 320 vehicles
 * 🏭 Estimated Production Capacity (Q4/2024): 2,800 vehicles
 * 🏭🏭🏭 Estimated Production Capacity (Q4/2025): 24,000 vehicles





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HIGH-CALIBER, TECHNICAL FOUNDING TEAM BACKED BY LEADING INVESTORS AND PARTNERS.

 * Team of engineers from Ford, Tesla, Lucid, Qualcomm, Apple, NIO
 * Backed by leading venture capital & angel investors
 * Partnered with the world’s leading technology, component and material
   providers









> Olympian rejects today's commoditized and standardized car experience. We
> challenge the status-quo in automotive.

> We prioritize aesthetic, nature and minimalism.

> We use steel and wood in Olympian cars rather than not cheap plastic and toxic
> chemicals.

> We have a minimalistic cockpit, removing dependency to large display screens.

--------------------------------------------------------------------------------














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OLYMPIAN AIMS TO CAPTURE 7% MARKET SHARE IN THE U.S.:

We can't predict the future, and none of this is guaranteed. But here's what we
hope to accomplish:

 * Capture 7% market share in the U.S. passenger vehicle market by 2030 by
   entering the EV market rapidly with our unique and provocative car designs.
 * Outcompete Lucid, Rivian, Ford and GM by 2030, using the advantage of
   Olympian MVDS - modular vehicle/drivetrain system. We strongly believe that
   our modular EV approach is a smarter way to produce cars.
 * Pioneer modular EVs and change the manufacturing inertia in United States. We
   aim to bring speed, cost-efficiency and agility back to the automotive
   industry.






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