Jungle Ventures participates in Dat Bike's $26M Series B funding
What happened
Dat Bike, a high-performance electric motorbike producer in Vietnam, raised $26 million in its Series B fundraise. Jungle Ventures participated in this round, which was co-led by F.C.C. Co., Ltd. and Rebright Partners. The company had previously secured a $4 million convertible loan from InfraCo in 2024.
From vir.com.vn
Why it matters
The funding supported Dat Bike's expansion of its manufacturing facility and strengthened its production capabilities. This growth allowed the company to scale its monthly production tenfold and expand its sales channels in Vietnam.
VinaCapital Vietnam Opportunity Fund Limited invests in companies operating within Vietnam.
From vir.com.vn
Who's involved
- Jungle VenturesParticipated in Dat Bike's Series B fundraise.
- VietnamLocation of the high-performance electric motorbike producer's operations.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Jungle VenturesSpeculative
Jungle Ventures might see increased investment returns from its participation in the fundraise.
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The entities involved
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Jungle Ventures
Singapore-based venture capital firm
Nothing else this week.
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Vietnam
country in Southeast Asia