Existing investor DVE Sapta leads round, with Gamlite IT, private investorsAsia Mobility Technologies Sdn Bhd, a leading mobility-as-a-service and Internet of Things solutions provider, today announced the closing of a pre-series A investment round of US$1.06 million , valuing the company at close to US$10.55 mil .
The funds will to deepen Asia Mobiliti’s MaaS and IoT technology stack, grow the team across engineering and business functions, and scale its market access to prepare for forays beyond Malaysia. “To raise a pre-series A funding under the present market conditions is not only a validation of the work we’ve been doing but gives us a competitive edge to develop solutions to address increasingly challenging mobility problems faced by Malaysia and other Southeast Asian countries,” Ram added.
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