Vok Bikes

About Vok Bikes

Vok Bikes, a Tallinn-based manufacturer, is strategically positioned to address the inefficiencies of urban logistics with its specialized four-wheeled electric cargo bikes. Founded in 2019 by a team of engineers—Indrek Petjärv (CEO), Siim Starke (CPO), and Riho Koop (CTO)—the company emerged from their shared experience in e-mobility and Formula Student competitions. This background in building electric racing cars provided them with a deep understanding of electric vehicle engineering, which they identified as a critical gap in the micromobility market for robust, last-mile delivery solutions.

The company targets a diverse client base, including postal services, food and parcel delivery companies, large-scale e-commerce businesses, and even service providers like mobile car washes and maintenance crews. Its business model revolves around the direct sale, leasing, and full-service rental of its e-cargo bikes, addressing the growing demand for sustainable and efficient urban transportation. Vok has demonstrated significant market traction, with its vehicles operating in 14 countries and serving notable clients such as Wolt, IKEA, and Modern Milkman. Financially, the company has secured significant backing, including an €800,000 pre-seed round, a €3.8 million seed round in 2023, and a $6 million Series A round in July 2025, led by SQM Lithium Ventures.

Vok's product line is engineered to replace traditional delivery vans in city centers, offering substantial operational advantages. The company claims its bikes can navigate urban environments 44% faster than vans and achieve up to 64% in cost savings over five years when factoring in fuel, maintenance, and parking. The bikes are designed and manufactured in-house in Estonia, a key differentiator that allows for greater control over quality and a lower total cost of ownership. Key features across their models include a proprietary 4Drive system, a chainless series hybrid drivetrain, regenerative braking, independent suspension, and swappable batteries that offer a range of up to 100 km. For rider safety and all-weather operation, the bikes are equipped with a roof, windscreen wiper, electronic anti-lock braking system (eABS), and traction control. The vehicles also feature integrated IoT for over-the-air software updates and GPS tracking.