ION Mobility

Singapore, Singapore Founded: 2019 • Age: 7 yrs Acquired By TVS Motor Company
Electric motorcycles with advanced features are designed and developed.
Annual revenue $2,285 Latest available
Total funding $31.3M 4 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About ION Mobility

ION Mobility is a company based in Singapore (Singapore) founded in 2019 was acquired by TVS Motor Company in January 2025. ION Mobility has raised $31.3 million across 4 funding rounds from investors including TVS Motor Company, TNB Aura and Quest Ventures. ION Mobility operates in a competitive market with competitors including Scorpio Electric, Rev Ecodrive, Arc Boards and NovaScooter, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ion Mobility Pte. Ltd.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.29 K (USD)
    0
    as on Dec 31, 2021
  • Net Profit
    -$2.16 M (USD)
    3
    as on Dec 31, 2022
  • EBITDA
    -$2.1 M (USD)
    -1
    as on Dec 31, 2022
  • Total Equity Funding
    $31.3 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.5 M (USD), Series A

    Mar 14, 2024

  • Investors
  • Employee Count
    Not available
  • Acquired by
    TVS Motor Company

    (Jan 16, 2025)

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People of ION Mobility

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Regan Andrew Angkasa
Product / Supply Chain Engineer

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Teams

Funding Insights of ION Mobility

ION Mobility has successfully raised a total of $31.3M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ION Mobility

ION Mobility has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include TVS Motor Company, TNB Aura and Quest Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are provided to early-stage tech startups.
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Early-stage startups are funded by Quest Ventures venture capital firm.
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VC firm investing in post-seed companies in Southeast Asia
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Investor details for ION Mobility

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Investments & Acquisitions by ION Mobility

Investments
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Investment portfolio details for ION Mobility

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Financial Statements - ION Mobility

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Detailed financials for ION Mobility

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Ion Mobility Comparisons

ION Mobility Primary company
Description
Electric motorcycles with advanced features are designed and...
Location
Singapore, Singapore
Founded Year
2019
Annual Revenue
$2.29 K (USD)
Net Profit
-$2.16 M (USD)
EBITDA
-$2.1 M (USD)
Employees
Not available
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Peer comparison for ION Mobility

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of ION Mobility

ION Mobility operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scorpio Electric, Rev Ecodrive, Arc Boards and NovaScooter, among others.

Company Name Domain Founded year HQ Location Description
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Electric two-wheelers are manufactured by Scorpio Electric.
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Rev Ecodrive deals in electric vehicle sales, rentals, and custom configurations in Singapore.
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Manufactures and sells electric skateboards for recreational use.
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Creates innovative electric kick scooters.
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Detailed competitors of ION Mobility

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Latest news on Ion Mobility

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Complete news archive for ION Mobility

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Frequently Asked Questions about ION Mobility

ION Mobility was founded in 2019 and raised its 1st funding round 1 year after it was founded.

ION Mobility is headquartered in Singapore, Singapore.

ION Mobility is a funded company, having raised a total of $31.3M across 4 funding rounds to date.

Annual revenue of ION Mobility is $2.29K as on Dec 31, 2021.

ION Mobility was founded in 2019 in Singapore, where electric motorcycles are designed and developed. Features such as TFT displays, integrated battery packs, and keyless start systems are included in the motorbikes. Operations focus on the electric mobility sector, emphasizing innovative design for urban transportation. The company maintains its base in Singapore, serving the regional market for sustainable vehicles.

ION Mobility's top competitors include Scorpio Electric, Rev Ecodrive and Arc Boards.

ION Mobility has 12 investors. Key investors include TVS Motor Company, TNB Aura, Quest Ventures, Monk's Hill Ventures, and Village Global.

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