E-mobility startup Charged Indonesia raises $4.5m to launch electric motorcycles

Charged Indonesia, a direct-to-user scale up electric motorcycle manufacturer and distributor, has announced raising $4.5 million in its inaugural funding round anchored by Singapore-based DeClout Ventures, the corporate venture arm of DeClout.

Founded in 2022, Charged Indonesia aims to provide sustainable mobility options that are competitive in affordability and practicality for Indonesian customers as compared to traditional combustion motorcycles.

Charged Indonesia is currently in the midst of rolling out a 16,000 square metre zero energy facility in Greater Jakarta to house its experiential center, research and development, as well as production engineering teams.

Starting off with 3 practical and affordable models of electric motorcycles to cover varying needs including personal transportation, logistics, corporate fleets, and ride hailing services, Charged Indonesia aims to accelerate the adoption of electric vehicles in Indonesia, to mitigate air pollution and improve the overall mobility experience in Indonesia.

Carbon emissions from traditional combustion motorcycles are one of the main sources of air pollution in Indonesia, and Charged Indonesia aims to improve this by leading the transition of combustion motorcycle users towards sustainable mobility, said the company’s chief commercial officer Stephanus Widi.

The startup, Widi added, is committed to drive mass adoption of affordable, practical yet desirable electric motorcycles in Indonesia and strive to elevate the entire mobility experience for the millions of motorcycle riders and passengers.

“We see ourselves as part of the sustainability movement in Indonesia together with the Government, SOEs, NGOs, supply chain partners and other ecosystem members to create a future with cleaner air, reduced pollution and better health for our future generations and environment,” he added.

The lead investor, DeClout Ventures, is the corporate venture arm of DeClout, a builder of next-generation ICT companies that invests in, incubates and scales companies to become global or regional market leaders. DeClout’s portfolio companies are all in the technology space, providing businesses with technology expertise and solutions to help clients solve their problems.

DeClout’s companies currently comprise of fast-growing trade technology firm GUUD, ICT solutions provider Aeqon, green technology service providers ARCO and Procurri, neutral hosting solutions provider dhost, and Internet-of-Things solutions provider Ascent Solutions.