Vok Bikes Secures €5.5M to Replace Vans in Europe’s Cities

Tallinn-based Vok Bikes has raised €5.5M in Series A funding to accelerate its expansion across Europe with four-wheeled electric cargo bikes designed to replace urban delivery vans.

Led by SQM Lithium Ventures and joined by Metaplanet, Specialist VC, Sunly, and SmartCap’s Green Fund, the round will fuel Vok’s mission to make city logistics cleaner, faster, and more efficient.

Built with automotive-grade precision, Vok’s e-cargo bikes are already proving their value: faster than vans in delivery races, up to 64% more cost-efficient, and emitting 95% less CO₂. With fleets in 14 countries, partners like Wolt and IKEA are already onboard.

Founded by engineers Riho Koop, Indrek Petjärv, and Siim Starke, Vok is reshaping urban mobility — one delivery at a time. 🚀

👉 More at vokbikes.com