Cycloid Raises $360K from AXE Ventures to Scale Electric Motorcycle Subscriptions for Delivery Riders in Korea.
Amount Raised
$360,000
Round Type
Seed
Investors
Description
South Korean mobility startup Cycloid has secured KRW 500 million (approximately $360,000) from AXE Ventures. The funding will help expand its electric motorcycle subscription platform tailored for delivery riders. Cycloid operates Badream, Korea’s largest electric two-wheeler platform for the delivery sector. The investment aims to lower the barriers for delivery riders transitioning to electric vehicles.
Quick answer
Cycloid raised $360,000 in a Seed round, dated July 20, 2026. Investors: AXE Ventures.
- How much did Cycloid raise?
- Cycloid raised $360,000 in a Seed round on July 20, 2026.
- Who invested in Cycloid?
- AXE Ventures is named as investors in this round.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Cycloid that raised within 45 days of this round, from Fundz verified event records.
- Applied EV raised $30M (Series B) on August 25, 2026.
- Ezeefleet raised $334K (Seed) on August 21, 2026.
- EzyFleet raised $334K (Seed) on August 20, 2026.
- Zypp Electric raised $6.5M (Series C) on August 14, 2026.
- T2 raised $31M (Series B) on July 22, 2026.
- NexDash raised $2.9M (Pre-Series A) on June 17, 2026.
Who to call at Cycloid, and when
A new round usually means Cycloid is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cycloid raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cycloid, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Cycloid. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Cycloid raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Cycloid 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.
5 screens from a live account. No signup.