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Indonesia’s Dash Electric closes seed financing round to grow its EV fleet

Dash Electric, an Indonesian electric vehicle (EV)-as-a-service startup, has closed an oversubscribed seed funding round.

The round, the details of which remain undisclosed, was led by The Radical Fund, with Bali Investment Club (BIC) as co-lead.

Gojek co-founder Kevin Aluwi, Schneider Electric Energy Access Asia (SEEAA), Aksara Ventures, and existing investor Antler also co-invested.

Dash Electric will use the funds for expansion, enabling it to increase driver onboarding, grow its EV fleet, and develop in-house software to enhance fleet management.

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“Our mission is to make EV adoption effortless for both businesses and drivers,” said CEO and co-founder Aditya Brahmana. “With Dash, companies can focus on their core business while we handle the logistics.”

Launched in 2023 by Aditya Brahmana and Robert Mulianto, Dash Electric is a B2B platform building an EV fleet of on-demand delivery drivers. It helps businesses book, track, and manage deliveries at scale.

The company plans to build seamless API integrations with clients, optimising its service for greater operational efficiency.

Alina Truhina, CEO of The Radical Fund, praised Dash’s disruptive potential in Indonesia’s logistics sector. BIC’s Managing Partner, Nicolo Castiglione, highlighted Dash’s alignment with Indonesia’s EV goals and its commitment to sustainable growth. Founded in 2023 by Aditya Brahmana and Robert Mulianto, Dash Electric supports Indonesia’s 2040 target for 100% EV adoption, partnering with clients in logistics, e-commerce, retail, and food delivery to enable sustainable, seamless deliveries.

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