Imotorbike, The Malaysia-Based ‘Amazon’ Of Pre-Owned Two-Wheelers, Secures $2.6M Funding To Zoom Ahead
Amount Raised
$2.6 Million
Round Type
Seed
Investors
Description
Capitalising on this growth in two-wheelers, iMotorbike, a pioneering e-commerce platform for buying and selling preowned motorcycles, has raised $2.6 million in a Series A funding round. The investment round was led by Gobi Partners and Ondine Capital. Also, it saw participation from Penjana Kapital, The Hive Southeast Asia, 500 Global, SOSV’s Orbit Startup; new investors Goodwater Capital, Seedstars International Ventures, and Permodalan Negeri Selangor Berhad (PNSB); as well as other institutional venture capitalists.
Quick answer
iMotorbike raised $2.6 Million in a Seed round, dated June 27, 2023. Investors: Permodalan Negeri Selangor Berhad, Seedstars International Ventures, Goodwater Capital, Sosv’s Orbit Startup, 500 Global, The Hive Southeast Asia, Penjana Kapital and Ondine Capital.
- How much did iMotorbike raise?
- iMotorbike raised $2.6 Million in a Seed round on June 27, 2023.
- Who invested in iMotorbike?
- Permodalan Negeri Selangor Berhad, Seedstars International Ventures, Goodwater Capital, Sosv’s Orbit Startup, 500 Global, The Hive Southeast Asia, Penjana Kapital and Ondine Capital are named as investors in this round.
- What does iMotorbike do?
- iMotorbike is Southeast Asia's pioneering e-commerce platform for buying and selling pre-owned motorcycles. iMotorbike offers a fast, secure, and hassle-free online experience with 170 inspection checkpoints, a 100%..
- Where is iMotorbike based and how big is it?
- Fundz records about 64 employees.
- Who are the decision-makers at iMotorbike?
- Fundz holds 1 contact at iMotorbike. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Marketplace around the same time
Companies in the same sectors as iMotorbike that raised within 45 days of this round, from Fundz verified event records.
- Topline Pro raised $12M (Series A) on July 31, 2023.
- ShopZetu raised an undisclosed amount (Pre-Seed) on June 27, 2023.
- Mainstreet Marketplace raised $2M (Seed) on June 26, 2023.
- GoodBuy Gear raised $14M (Funding Round) on June 20, 2023.
- Collectibles.com raised $5M (Seed) on June 13, 2023.
- Foodomarket raised $12M (Funding Round) on June 8, 2023.
Who to call at iMotorbike, and when
A new round usually means iMotorbike is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day iMotorbike raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at iMotorbike, from your own LinkedIn network
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