Tiger New Energy, a Bangladesh based startup established in 2021, has secured an additional USD 1 million in funding from ADB Ventures following Tiger's USD 2.5 million seed round led by Wavemaker Partners last year, propelling the rollout of its battery swapping technology across Bangladesh. Md. Ismail Hossain, Manager, Brand & Marketing of Tiger New Energy confirmed the funding to The Daily Star.
Tiger New Energy, a Bangladesh based startup established in 2021, has secured an additional USD 1 million in funding from ADB Ventures following Tiger's USD 2.5 million seed round led by Wavemaker Partners last year, propelling the rollout of its battery swapping technology across Bangladesh. Md. Ismail Hossain, Manager, Brand & Marketing of Tiger New Energy confirmed the funding to The Daily Star.