About MAKA Motors
MAKA Motors is a company based in Indonesia founded in 2022 by Raditya Wibowo and Arief Fadillah. It operates as a Direct-to-Consumer (D2C). MAKA Motors has raised $37.6 million across 1 funding round from investors including Peak XV Partners, ACV Capital and East Ventures. MAKA Motors offers products and services including MAKA Cavalry and MAKA Charger. MAKA Motors operates in a competitive market with competitors including Ultraviolette, Zero Motorcycles, Segway-Ninebot, NEVS and Damon, among others.
- Headquarter Indonesia
- Founders Raditya Wibowo, Arief Fadillah
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Kendaraan Listrik Nusantara
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.6 M (USD)
in 1 rounds
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Latest Funding Round
$37.6 M (USD), Seed
Jul 20, 2023
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Investors
Peak XV Partners
& 12 more
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Employee Count
Employee Count
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Products & Services of MAKA Motors
MAKA Motors offers a comprehensive portfolio of products and services, including MAKA Cavalry and MAKA Charger. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance electric motorcycle designed for easy control.
Portable charger adding 20 km range per hour.
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Funding Insights of MAKA Motors
MAKA Motors has successfully raised a total of $37.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $37.6 million completed in July 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $37.6M
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First Round
First Round
(20 Jul 2023)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - MAKA Motors | Valuation | AC Ventures , East Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MAKA Motors
MAKA Motors has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Peak XV Partners, ACV Capital and East Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MAKA Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MAKA Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maka Motors Comparisons
Competitors of MAKA Motors
MAKA Motors 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 Ultraviolette, Zero Motorcycles, Segway-Ninebot, NEVS and Damon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-performance electric motorcycles for street and sports use are engineered.
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| domain | founded_year | HQ Location |
Manufacturer of electric motorbikes
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| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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| domain | founded_year | HQ Location |
Electric autonomous cars are manufactured for urban mobility needs.
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| domain | founded_year | HQ Location |
Electric motorcycles with advanced safety features are manufactured by Damon.
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| domain | founded_year | HQ Location |
Electric motorcycles and components are designed and manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Maka Motors
Frequently Asked Questions about MAKA Motors
When was MAKA Motors founded?
MAKA Motors was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is MAKA Motors located?
MAKA Motors is headquartered in Indonesia.
Who is the current CEO of MAKA Motors?
Raditya Wibowo is the current CEO of MAKA Motors. They have also founded this company.
Is MAKA Motors a funded company?
MAKA Motors is a funded company, having raised a total of $37.6M across 1 funding round to date. The company's 1st funding round was a Seed of $37.6M, raised on Jul 20, 2023.
What does MAKA Motors do?
MAKA Motors is focused on the production of high-performance electric motorcycles like the MAKA Cavalry, designed for ease of control. The company operates in the electric vehicle sector, offering sustainable mobility solutions in Indonesia. Additional services include portable charging solutions with the MAKA Charger and after-sales support through showrooms and home service options.
Who are the top competitors of MAKA Motors?
MAKA Motors's top competitors include Ultraviolette, Zero Motorcycles and Damon.
What products or services does MAKA Motors offer?
MAKA Motors offers MAKA Cavalry and MAKA Charger.
Who are MAKA Motors's investors?
MAKA Motors has 13 investors. Key investors include Peak XV Partners, ACV Capital, East Ventures, SV Investment, and Northstar Group.