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
- $3.5MraisedJun 2024 · 2 sourcesSource ↗
- $2.5Mseed fundingNov 2023 · 2 sources
Wavemaker Partners (lead)
Source ↗
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.

