Vietnamese electric motorbike start-up gets foreign funding

HO CHI MINH CITY, April 19 (Bernama): Dat Bike, a Vietnamese technology start-up that plans to make electric motorbikes, has raised US$2.6 million in a pre-series A funding from Singapore’s Jungle Ventures, Wavemaker Partners, Hustle Fund, and iSeed Ventures.

Electric motorbikes are usually weak and have a low range, delivering only half the performance of a petrol bike, reported Vietnam News Agency (VNA).