Singapore-based IoT transaction platform, Beep, has announced the launch of what it claims to be Southeast Asia’s largest electric vehicle roaming (eRoaming) network. Hyundai Motor Group Innovation Centre in Singapore (HMGICS), Tribecar, EVFY, Singapore Electric Vehicles, and Quantum Mobility are among the initial entities to use the network.
Beep also announced the successful completion of its seed funding round, led by GGV Capital and Wing Vasiksiri. NUS Technology Holdings, SUTD Venture Holdings, XA Network, and prominent angel investors also took part in the funding round. The amount of funding is undisclosed.
Beep will utilise the fresh funds to improve technical connectivity and deploy the largest roaming network in Southeast Asia as part of expansion plans into Malaysia, Thailand, and beyond. The company will continue to collaborate with additional charge point operators, vehicle OEMs, and fleets to grow the network on a permission basis.
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Founded in 2018, Beep seeks to transform the traditional vending machine industry by enabling cashless transactions through its innovative IoT platform.
Beep’s platform functions as a universal translator, connecting various charging systems used by different operators, eliminating the need for extra integration efforts. Rather than developing a proprietary Voltality charging app, Beep provides a white-label website or API, enabling vehicle manufacturers, charging operators, and fleets to incorporate charging connectivity into their current applications or interfaces.
After collaborating with the Singapore Government during the pandemic, Beep launched Voltality in 2021, an eMobility platform for businesses and drivers. In 2022, it initiated the region’s first eRoaming pilot with five operators.
Spanning over 1,350 charge points, the network is a collaboration with 11 operators in Singapore, including the nation’s three largest operators — SP Group, ComfortDelGro ENGIE (CDG ENGIE), and Charge+, as well as strategic providers like QuickCharge, MNL Solutions, and Go by City Energy.
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Image credit: Beep
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