The Venture Codex Logo

The Venture Codex

Vok Bikes

Kassi 17, Tallinn, Harjumaa, 12618, Estonia

Overview

Vok Bikes designs and manufactures automotive-grade, four-wheeled electric cargo bikes built for commercial urban deliveries, featuring an in-house 4Drive drivetrain and automotive-level engineering. The company emphasizes durability, low maintenance and manoeuvrability as a direct alternative to vans in dense city centres. Vok highlights efficiency and environmental benefits: a Zoomo test showed a Vok XL beat a van by 20 minutes (44% faster), cost comparisons show up to 64% greater efficiency than small city vans over five years, and each e-bike can produce up to 95% less CO₂ while carrying up to 100 deliveries. Voks are already in use across 14 countries, with customers including Wolt (fleet scaled in seven countries), IKEA stores in Utrecht and Stockholm, and operators like Modern Milkman. With new funding, Vok aims to expand across Europe and accelerate the shift away from vans in city centres. Financially, the company has raised a $6M Series A and has $10M in total funding to date. Vok Bikes designs and manufactures electric cargo bikes for the last-mile delivery market, including its recently launched Vok XL model with a payload of up to 200 kg. The company builds most systems in-house and highlights features such as traction control, eABS and over‑the‑air updates, which it says give a reliability and price advantage. Vok already has hundreds of vehicles on the streets and is active in ten countries. The startup aims to scale rapidly and plans to deploy 1,000 more cargo bikes across Europe in the next year. Vok positions itself as a technology leader in a fragmented market and seeks to make cargo bikes a viable alternative to cars for urban transport. Headquarters are in Tallinn, Estonia. Vok Bikes, founded in 2019 and based in Tallinn, builds electric cargo 'pedelecs' specifically for couriers and postal workers. Its first delivery bikes offer a 100 km range and a top speed of 25 km/h. Early customers include Wolt, Lithuanian courier Ziticity, Tuul by Comodule and Eesti Post. The company has received external funding to scale manufacturing and geographic reach. The recent investment will be used to produce the next 100 vehicles and support expansion into a couple of major European cities over the next year. Co‑founders named in the coverage include Indrek Petjärv, Siim Starke and Riho Koop.

Total raised
$11M
Funding rounds
4
Latest round
Series A
Latest activity
Jul 2025

Industries

  • Last Mile Transportation
  • Rental
Visit website

Recent funding

  1. Series A

    Jul 2025

    $6M

  2. Seed

    Jun 2023

    $4M

  3. Seed

    Jan 2021

    $1M

Team