Kazam Secures USD 8 Mn in E-Mobility Expansion Round Led by Vertex Ventures

Monday, 12 August 2024, 01:42

Kazam has secured USD 8 million in a Series A3 funding round, spearheaded by Vertex Ventures. This pivotal investment aims to accelerate Kazam's e-mobility initiatives, providing a significant boost in the sector. Participating investors include Avaana Capital and Alteria.
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Kazam Secures USD 8 Mn in E-Mobility Expansion Round Led by Vertex Ventures

Kazam's E-Mobility Funding Breakthrough

Kazam, the innovative e-mobility startup, has announced securing USD 8 million in a Series A3 funding round. This round is importantly led by Vertex Ventures Southeast Asia and India, reinforcing the company’s ambitions to expand its reach in the e-mobility market.

Investor Participation and Future Plans

  • The funding round also saw participation from Avaana Capital and Alteria.
  • This investment will presumably bolster Kazam’s capabilities in developing sustainable transport solutions.
  • Kazam aims to leverage this funding for research and development in e-mobility technology.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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