Fundraising Fox

Tiger New Energy

Dhaka, BD · Founded 2021 · 59 employees on LinkedIn · 4 known investors

Tiger New Energy operates a battery-swapping network for electric vehicles in Bangladesh, providing swappable batteries aimed at lowering operating costs for local drivers and communities. It focuses on clean, affordable mobility in emerging markets.

Founders & leadership

Tiger New Energy was founded in 2021 by Yiwei Zhu and Nicole Mao.

YZ
Yiwei ZhuCo-founder
NM
Nicole MaoCo-founder

Investors · 4

Funding

SEC filings, press & company announcements

$6M disclosed across 2 rounds · 2023–2024

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Tiger New Energy do?
Tiger New Energy operates a battery-swapping network for electric vehicles in Bangladesh, providing swappable batteries aimed at lowering operating costs for local drivers and communities. It focuses on clean, affordable mobility in emerging markets.
Who founded Tiger New Energy?
Tiger New Energy was founded by Yiwei Zhu, Nicole Mao in 2021.
Who are Tiger New Energy's investors?
Tiger New Energy's investors include 500 Global, ADB Ventures, TukTuks, Wavemaker Partners.
How much funding has Tiger New Energy raised?
Tiger New Energy has disclosed $6M raised across 2 rounds.
Where is Tiger New Energy headquartered?
Tiger New Energy is headquartered in Dhaka, BD.