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MVL Raises Additional $5.4M in the Extension Round

7 Aug 2020



Hello, this is MVL team.

By raising an additional 5.4 million dollars, MVL has raised a total of 13.5 million dollars for a period of two years of its service.

 

The deal was led by Central alone. Central is an auto parts manufacturing company that has also participated in MVL Series A investments.

Based on the financing, MVL plans to further accelerate its plan to supply electric vehicles in Southeast Asia. MVL aims to distribute and sell about 10,000 E-TukTuks next year in Cambodia.

MVL already has 600,000 platform users through TADA service. Furthermore, we will introduce the E-TukTuks to the Southeast Asian market to lead mobility innovation.

 

For more information, please refer to the link below.

👉 https://ewhk4.app.goo.gl/r8wy

 

Thank you.

Best regards,

MVL

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.