Help KINETIK team restore their production site after the fire

On 14.04, after a short circuit, our headquarters burned down to the ground. We decided to run a fundraising campaign so that we could bring the Kinetik project back to life. The campaign officially ended on 10.08 although, the option to donate remains available. We thank all our partners and donors for their support and for believing in our project.

donors

Like every great story, ours began with a single idea and the question 'Why not?'. In 2016, we set out on a journey to create the world's first all-electric sports car for the trach. We envisioned it to be highly customizable, extremely exciting to drive with proprietary software and most importantly, entirely built in-house.

As you could imagine, all we heard was that such a project was way out of reach and that we had no chance of succeeding. But we did, and we unveiled our fully working prototype in late 2019, having accomplished all of the goals as mentioned earlier and a lot more.

Less than a year later, we launched an electric go-kart named the Model 27. The development process was a great exercise in packaging, as it took a lot of work and clever engineering to fit an electric drivetrain onto such a small chassis. It also taught us a lot about motorsport, knowledge that would unquestionably prove invaluable in our future projects.

On April the 14th 2021, however, due to a short circuit a fire broke out at our headquarters. Despite our best efforts the flames engulfed the whole building by the time the firefighters arrived. As a result, all equipment and almost all vehicles were destroyed. Fortunately, there were no casualties and no one was seriously injured. As the damage is so severe development has slowed down and we've put many projects on hold until we rebuild the HQ and purchase the necessary equipment. Despite this setback, our enthusiasm and will to grow and show the full capabilities of Kinetik are stronger than they have ever been.

We thank everyone in advance for their help and support! It would mean a lot to us if you could spread the word by sharing this page with your friends and family. Corporate support from companies is also welcome in the form of discounts or donated equipment.

  • by Kinetik
    13 October 2021 10:00 AM
    Same place, six months apart. Thanks to our supporters and a lot of hard work we are now moving into our newly restored building! The 3D printers are working at full chat preparing parts for our future projects. Stay tuned for the upcoming "virtual" tour of the base!
  • by Kinetik
    13 July 2021 11:30 AM
    The roll-up garage doors have now been installed, which concludes the construction work on the exterior of the new building! Moreover, at the end of last week, we passed the $60,000 mark, and we are happy to report that there is a surge in the interest towards the campaign and the amount of money donated. Therefore, we decided to extend the campaign an additional 30 days, thus giving ourselves the chance to reach our initial goal of $115,625. In the meantime, we’d like to thank those who have already shown their support, and we hope to come back to you with more good news in the upcoming days.
  • by Kinetik
    30 June 2021 11:00 AM
    Our first 3D printers have already been delivered! This time we decided to choose Creality printers as they are a budget-friendly platform that allows for a lot of customizations. Currently, we have a total of 7 machines, of which six are FDM (Fused Deposition Modeling) and one is an LCD Resin printer. Next is assembling them and modifying them to meet our needs. More on that topic in the near future!
  • by Kinetik
    18 June 2021 09:30 AM
    Just a week after the official launch of our crowdfunding campaign we already have some good news to share. Thanks to your help we have as of now managed to raise just short of $50 000! The old building is getting close to being finished and we are only waiting on the new garage doors to be installed. We will continue to share updates regarding the development of the campaign and hopefully, soon there will be even more good news!
  • by Kinetik
    10 June 2021 10:30 AM
    Within hours of launching the campaign, we are excited to share our first update! Thanks to the help of our closest friends, our team has already managed to raise a little over $35 000. The sum will be enough to cover the costs associated with erecting the new building and work has already begun. We will make sure to share the progress here and hopefully, soon there will be yet another exciting update.
  • by Kinetik
    10 June 2021 10:00 AM
    Jоin our Facebook Group to stay up to date with the fundraising campaign, share your ideas, and keep in touch with the Kinetik team and other supporters. Join group now!

Budget Breakdown

34,375 USD

Building New Headquarters



43,750 USD

Purchasing R&D Equipment estimated at 9,375 USD when we reach the 2nd budget goal

93,750 USD

Purchasing Manufacturing Equipment estimated at 50,000 USD when we reach the 3rd budget goal

106,250 USD

Purchasing Computers and Multimedia Equipment estimated at 12,500 USD when we reach the 4th budget goal

115,625 USD

Purchasing Consumables estimated at 9,37 USD when we reach the 5th budget goal

The companies who supported us

FAQ

What do you need the most to get back to work?

Other than the building that is already in construction, we need R&D and manufacturing equipment. That includes computers, 3D printers, CNC machines, power tools, and more.

How long would it take to go back to being fully operational?

With your help, we hope to be back to full strength in about three or four months. That means having a new HQ and the most necessary R&D and manufacturing equipment.

Isn't there an insurance policy in place that could cover the damages?

There is, but, due to obsolescence clauses and the lack of an expert evaluation, the compensation will be less than adequate. Moreover, the building that we were renting was not insured and we have to cover the cost of rebuilding it.

What is the most valuable thing that you lost in the fire?

That is our first product - the Model 07. But even though we lost so much time and hard work, we still have our passion and are eager to get back to work!

What are your plans for the future?

Before the incident, our primary focus was the electric go-kart, which had sparked considerable interest both here and abroad. Thus the plan is to continue where we left off and further develop the project.

How can I donate?

You can support our team by making a donation online. The supported payment methods include debit and credit cards, bank transfer, and even cryptocurrency. And if you'd like to donate equipment, you can get in touch with us at: [email protected]

Our Team

Some of us decided to trade jobs at companies such as Tesla, Mercedes, and Magna for the chance to pursue our dreams back in Bulgaria. A prospect like this means a lot to us as we've never even dreamed of working on such world-class projects in our home country. Our foreign colleagues and partners recognize and appreciate our drive and dedication, which is why some of them went as far as moving to Varna to become part of the Kinetik Family.

Bank account details

IBAN BGN: BG08STSA93000025424131

IBAN EUR: BG78STSA93000027594798

SWIFT: STSABGSF  DSK Bank

Account Holder: Kinetik Automotive Ltd.

Get in Touch: [email protected]

Phone Number: +359 886 787 507