
Indonesia's Maka Motors raises $37.5m seed round

East Ventures, AC Ventures, and SV Investment have led a USD 37.6m seed round for Maka Motors, an Indonesian electric vehicle (EV) maker in the R&D phase.
Northstar Group, Provident Capital, Peak XV Partners (formerly known as Sequoia Capital India), and Openspace Ventures also participated. They were joined by Skystar Capital, Shinhan Venture Investment,...
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