Singapore-headquartered electric motorcycle manufacturer and distributor Charged Asia has secured up to US$40 million of growth capital from SGX-listed Geo Energy Resources Limited, through its subsidiary Geo Electric Pte. Ltd.
Charged Asia, backed by DeClout Ventures and Vmoto, has developed three electric motorcycles and delivered more than 1,000 across Indonesia, Malaysia and Vietnam. It will use the funds to scale across Southeast Asia.
Icon Law is proud to have acted for Charged Asia, with Managing Director Soh Chun Bin leading the team.