ION Mobility - About the company
ION Mobility is a series A company based in Singapore (Singapore), founded in 2019 by James Chan. It operates as a Developer of electric motorcycles. ION Mobility has raised $31.3M in funding from investors like TVS Motor Company, Quest Ventures and TNB Aura. The company has 6 active competitors, including 2 that are funded. Its top competitors include companies like Scorpio Electric, QUANTUM MOBILITY and Yinson GreenTech.
Company Details
Developer of electric motorcycles. The company is involved in the design and development of electric motorbikes that include features like a TFT display, an integrated battery pack, a keyless start, and more.
- Website
- ionmobility.com
- Email ID
- *****@ionmobility.com
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Series A
Total Funding
$31.3M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 6 active competitors
Annual Revenue
3.07K SGD as on Dec 31, 2021
Employee Count
25 as on May 31, 2026
Similar Companies
Legal entities associated with ION Mobility
ION Mobility is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ION MOBILITY PTE. LTD. CIN: 201932713K , Singapore, Active | Dec 31, 2018 | $2.29K (As on Dec 31, 2021) | - |
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ION Mobility's funding and investors
ION Mobility has raised a total funding of $31.3M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series A round on Mar 14, 2024 for $*****. 1 investor participated in its latest round. ION Mobility has 13 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of ION Mobility:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 14, 2024 | 5514017 | Series A | 1140763 | 9820880 | 3195500 | 4322962 |
Feb 02, 2023 | 8687114 | Series A | 4282107 | 9688906 | 5757125 | |
Oct 14, 2021 | 5978334 | Seed | 2315260 | 2644465 |
View details of ION Mobility's funding rounds and investors
ION Mobility's founders and board of directors
Founder? Claim ProfileThe founders of ION Mobility is James Chan. James Chan is the CEO of ION Mobility.
Here are the details of ION Mobility's key team members:
- James Chan: Founder & CEO of ION Mobility.
ION Mobility's Board of Directors
ION Mobility's board has 2 active members. Toh Ting Feng and Tan Chung Yaw are independent board members.Here is the list of ION Mobility's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 2m | |
rbwrtez | Independent board member | - | Current | 7y 4m |
tcdjcad | Independent board member | - | Past | 6y 6m |
View details of ION Mobility's Founder profiles and Board Members
ION Mobility's employee count trend
ION Mobility has 25 employees as of May 26. Here is ION Mobility's employee count trend over the years:
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ION Mobility's Competitors and alternates
Top competitors of ION Mobility include Scorpio Electric, QUANTUM MOBILITY and Yinson GreenTech. Here is the list of Top 10 competitors of ION Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ION Mobility 2019, Singapore (Singapore), Series A | Developer of electric motorcycles | $31.3M | 52/100 | |
2nd | Scorpio Electric 2017, Singapore (Singapore), Series B | Manufacturer of electric bikes and electric motorcycles, plus branded merchandise | $16.3M | - | 38/100 |
3rd | QUANTUM MOBILITY 2021, Singapore (Singapore), Unfunded | Manufacturer of electric scooters | - | - | 18/100 |
4th | Yinson GreenTech 2020, Singapore (Singapore), Unfunded | Manufacturer of electric scooters | - | - | 16/100 |
5th | Rev Ecodrive 2020, Singapore (Singapore), Unfunded | Developer of multi-category electric vehicles | - | - | 16/100 |
6th | NIU Singapore 2021, Singapore (Singapore), Unfunded | Manufacturer of electric scooters | - | - | 16/100 |
7th | Electric two-wheeler for short commutes | - | - | 16/100 | |
8th | Nuovo Electric 2017, Singapore (Singapore), Deadpooled | Developer of high-performance electric scooters | - | - | 15/100 |
9th | Arc Boards 2016, Singapore (Singapore), Deadpooled | Electric skateboards | - | - | 15/100 |
10th | Developer of electric mini scooters | - | - | 15/100 |
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ION Mobility's Investments and acquisitions
ION Mobility has made no investments or acquisitions yet.
Reports related to ION Mobility
Here is the latest report on ION Mobility's sector:
News related to ION Mobility
Media has covered ION Mobility for 1 event in last 1 year.
•
Acquisition of Assets by TVS Motor from Ion MobilityGlobal Legal Chronicle•Aug 07, 2025•ION Mobility, Khaitan, TVS Motor Company
•
TVS Motor integrates ION Mobility’s assets and IP to expand EV footprint in Southeast AsiaNew Indian Express•Apr 04, 2025•TVS Motor Company, ION Mobility
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Ion Mobility CEO confirms acquisition by TVS MotorTech in Asia•Mar 07, 2025•ION Mobility, TVS Motor Company, AC Ventures, TNB Aura and 5 others
•
TVS Motor Singapore invests $5.5 mn in ION MobilityThe Hindu•Mar 14, 2024•TVS Motor Company, ION Mobility
•
•
Singapore EV maker secures $18.7m series A top upTech in Asia•Feb 03, 2023•ION Mobility, TVS Motor Company
•
SG-based ION Mobility secures strategic investment from India’s TVS MotorShareandstocks•Feb 03, 2023•ION Mobility, TVS Motor Company, AC Ventures, TNB Aura and 5 others
•
Ion Mobility launches Singapore's first electric motorcycleThe Business Times•Dec 03, 2021•ION Mobility
•
Singapore EV maker charges up with $6.8m seed fundingTech in Asia•Oct 14, 2021•TNB Aura, Quest Ventures, GDP Venture, ION Mobility and 2 others
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