Vietnamese electric motorbike startup Dat Bike bags $5.3m led by Jungle Ventures

Photo credit: Dat Bike

Vietnamese electric motorbike startup Dat Bike has bagged $5.3 million in a Series A funding round led by Jungle Ventures with participation from existing investor Wavemaker Partners, according to an announcement.

This brings the total fundraising by the company to $10 million since its inception in 2019. The company will use the fresh funds to invest in technology, scale production, and expand to metro and Tier 1 cities across North, Central, and South Vietnam, and hire top talent.

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