Oyika
Lowering the barriers to EV adoption
Lowering the barriers to EV adoption
Oyika is a Singapore-based startup that aims to revolutionize the electric vehicle (EV) industry by lowering the barriers to EV adoption. Founded in 2018, Oyika offers an innovative solution to traditional fuel consumption by providing swappable batteries and a network of battery swap stations that are easily accessible to e2W riders. The company also offers Battery-as-a-Service (BaaS), compatible with most e2W brands and models on the market. Oyika recently received a significant $10.80M Series B investment on 21 April 2023 from Banpu Next and Yinson GreenTech, signaling confidence from reputable investors in the company's vision and potential for growth. This investment will likely fuel Oyika's expansion and further development of its innovative solutions in the energy sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $10.80M | 2 |
|
21 Apr 2023 |
| Venture Round | $100.00M | - | 01 Apr 2021 |
No recent news or press coverage available for Oyika.
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