Beep beep! Move over, because Singapore’s Beep just raised a $3.3M Pre-Series A. They’re an IoT startup that enables transactions and connectivity across mobility and retail (like vending machines!).

• They have the largest electric vehicle roaming network under Voltality (by Beep) spanning over 5,000 charge points and 20 partners.
• They say there’s massive demand for EVs in SEA, with total EV sales in the region experiencing a 894% YoY surge.

Investor check. Existing investors Granite Asia (fka GGV Capital), Farquhar VC, SUTD Venture Holdings, Wing Vasiksiri led the round. M7 Ace Neo, an M7 Company also joined in!

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🚙 What they do

VoltNOW. Need to charge your EV? Just scan the QR code, confirm your charger details, pay, and start charging! It’s never been easier.

• This allows you to pay through card or online payments over the web.

VoltNET. Charging operator? Keep your charger, logo, name, and everything else the same.

• Easily expand to more customers with VoltNET by choosing which platforms you want to give access to.
• And if you’re a mobility provider, see where your drivers charged, how much it costs, and choose which chargers your drivers have access to.

VoltPOS. Does your payment experience keep customers away? Make it simply by using the VoltPOS system that allows customers to pay through physical cards and QR.

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🤷🏻‍♀️ Why it matters

Their solutions are flexible and customizable. On top of that, they’re minimal work—you don’t need to change your tech or product to start using their solutions.

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🔜 What’s next?

They’ve been expanding their charging network in Singapore and Southeast Asia through MOUs.

• These are with companies like Grab, Singapore’s land transport authority, Huawei, and more.

Plus, they’ll be exploring across Southeast Asia. This year is all about Thailand and Malaysia, but they’ll hit other regional markets next year.