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Selex Motors

EV Battery Swapping Ecosystem for Sustainable Last Mile Transport in Southeast Asia

Founded 2018 Vietnam Vietnam 37 employees Convertible Note Total: $5.45M Manufacturing, Renewable Energy +1

General Information

Company Name Selex Motors
Founded Year 2018
Location Vietnam Vietnam
Employees 37
Industries Manufacturing, Renewable Energy, Automotive
Funding Stage Convertible Note
Social

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About Selex Motors

Selex Motors is a Vietnam-based startup focused on revolutionizing sustainable transportation through their cutting-edge battery swapping network. Their flagship product, the Selex Camel, offers a quick and efficient solution for eco-conscious cargo delivery businesses. In 2018, the company successfully raised a notable $3 million in a convertible note investment round, with key participation from ADB Ventures, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures. Selex Motors is spearheading the electric vehicle industry in Southeast Asia and aims to drive a better future for sustainable transportation. With a focus on Manufacturing and Renewable Energy industries, the company's innovative approach has garnered significant support from prominent investors.

Business keywords: Electric Vehicles, Battery Swapping, Sustainable Transportation, Last Mile Delivery, Urban Mobility, Startup, Investment, Southeast Asia, EV Infrastructure, Green Technology, Electric Scooters, Automotive Innovation, Convertible Note, Vietnam-based Startup, Energy Access

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note $3.00M 4
Touchstone Partners, Sopoong Ventures +2
18 Apr 2023
Seed Round $350.00K 1
Sopoong Ventures
17 Nov 2022
Seed Round $2.10M 3
Nextrans, Touchstone Partners +1
20 Jan 2022

Selex Motors Alternatives & Competitors

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FAQ About Selex Motors

EV Battery Swapping Ecosystem for Sustainable Last Mile Transport in Southeast Asia
Selex Motors was founded in 2018.
Selex Motors is headquartered in Vietnam.
Selex Motors operates in Manufacturing, Renewable Energy and Automotive. Its work centres on Electric Vehicles, Battery Swapping, Sustainable Transportation and Last Mile Delivery.
Selex Motors has approximately 37 employees.
Selex Motors has completed 3 funding rounds, raising a total of $5.45M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Selex Motors include CAKE – ridecake.com, Infinite Mobility, SAS ZE COMBI, TELO Trucks, Bako Motors SAS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Selex Motors and CAKE – ridecake.com are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Selex Motors , https://bouncewatch.com/company/selex-motors, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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