EVsDealStreetAsiaabout 3 hours ago
PIDG Exits Dat Bike Stake via Redemption
2 min read
Private Infrastructure Development Group exits its stake in Vietnamese electric motorbike maker Dat Bike via redemption of a $4 million convertible note. This follows a Series B round raising $22 million in September 2025 and an extension to $26 million in March 2026. PIDG funding previously expanded sales from four to 70 stores and scaled monthly production tenfold.
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