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Japan · Mobility
A manufacturer of mibot, a single-seat compact electric vehicle for everyday local travel.
KG Motors develops and manufactures mibot, a one-person electric vehicle with doors and air conditioning. The design combines a compact footprint with software-defined functions intended to evolve through updates.
The Higashihiroshima company has started initial production and is running early deployments with businesses and municipalities. It is expanding its manufacturing capability while developing software features including over-the-air updates and remote diagnostics.
| Announced | Round | Amount | Investors |
|---|---|---|---|
| Equity financing | ¥470M | AKIBA Holdings — ParticipantChugin Capital Partners Co., Ltd. — ParticipantHokuhoku Capital Co., Ltd. — ParticipantHOXIN — ParticipantINNOVATION V Capital — ParticipantMitsuba Corporation — ParticipantNTT DOCOMO Ventures — ParticipantTOHO GAS — Participant |