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ChargeSini Raises $6M in Series A to Boost EV Charging Infrastructure in Malaysia

PRIVATEFeb 28, 2024

Amount Raised

$6 Million

Round Type

Series A

MalaysiaRenewable EnergyAutomotiveElectric Vehicle

Description

ChargeSini raises $6M in Series A funding to construct over 300 new charging points across Malaysia by year-end, in line with the government's goal of 500,000 EVs on the road by 2030.

Who else raised in Renewable Energy and Automotive around the same time

Companies in the same sectors as ChargeSini EV Charging that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • Fastned raised $30M (Funding Round) on February 21, 2024.
  • Ola Electric raised $50M (Debt Financing) on April 1, 2024.
  • Dodai raised $4M (Series A) on March 24, 2024.
  • Necture raised $7.6M (Series A) on March 13, 2024.
  • IM Motors raised $1.1B (Series B) on March 2, 2024.

Who to call at ChargeSini EV Charging, and when

A new round usually means ChargeSini EV Charging is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ChargeSini EV Charging raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ChargeSini EV Charging, from your own LinkedIn network

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Company Information

Company

ChargeSini EV Charging

Location

Malaysia

About

ChargeHere EV Solution Sdn Bhd is a visionary Malaysian company that was initiated to excel in electric vehicles (EV) charging solutions for Malaysians and combat environmental pollution to create a powering and sustainable future. We are a result of a collaboration between Sangitech and Chargesini. Sangitech is proven to be reliable by Malaysian Government, obtaining the MyHijau certification to provide infrastructure and expertise needed to forward-thinking individuals and business owners in Malaysia. Sangitech further aims to be Malaysia’s largest AC Charging Infrastructure provider for EV vehicles and become a notable contributor to environment protection.

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Fundz sees it the moment ChargeSini EV Charging raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

ChargeSini EV Charging raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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