What is Dat Bike?
Founded in 2018 and headquartered in Thủ Dầu Một, Binh Duong, Dat Bike has established itself as a critical innovator in the Vietnamese electric vehicle landscape. By focusing on high-performance electric motorbikes that bridge the gap between traditional combustion engines and sustainable alternatives, the company addresses the urgent need for environmentally-friendly urban transportation. Beyond its flagship Weaver model, Dat Bike provides a comprehensive ecosystem of accessories, including specialized tank bags, mud guards, and advanced LED lighting, positioning itself as a holistic lifestyle brand for the modern, eco-conscious commuter.
How much funding has Dat Bike raised?
Dat Bike has raised a total of $15.9M across 3 funding rounds:
Other Financing Round
$2.6M
Series A
$5.3M
Other Financing Round
$8M
Other Financing Round (2021): $2.6M with participation from Wavemaker Partners, Hustle Fund, iSeed Ventures, and Jungle Ventures
Series A (2022): $5.3M led by Jungle Ventures and Wavemaker Partners
Other Financing Round (2022): $8M supported by GSR Ventures, Wavemaker Partners, Innoven Capital, and Jungle Ventures
Key Investors in Dat Bike
Jungle Ventures
Jungle Ventures is one of Southeast Asia's largest independent venture capital firms that invests in early and growth-stage startups in Southeast Asia and India, building sustainable, scalable businesses to last.
Wavemaker Partners
Wavemaker Ventures is a leading venture capital firm in Southeast Asia that specializes in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors.
Innoven Capital
InnoVen Capital is Asia's leading venture lending platform that provides debt capital to high-growth, venture-backed technology companies, supporting over 50 unicorns across the region.
What's next for Dat Bike?
The infusion of capital from this major strategic investment positions Dat Bike to aggressively scale its manufacturing capabilities and distribution network. As the company transitions from early-stage development to a more mature enterprise-level operation, the focus will likely shift toward optimizing supply chain efficiencies and enhancing R&D to maintain its competitive edge. By leveraging the expertise of its venture partners, Dat Bike is well-positioned to capture a larger share of the burgeoning Southeast Asian EV market, setting a new standard for sustainable, high-performance personal mobility in the region.
See full Dat Bike company page
