Heaptalk, Jakarta — Indonesia’s EV-as-a-service startup, Dash Electric, obtained an undisclosed amount of investment from Schneider Electric’s investment arm, Schneider Electric Energy Access Asia (SEEAA).
The investment, which sees SEEAA joining forces with The RadicalFund, Bali Investment Club (BIC), Aksara Ventures, Antler, and Gojek co-founder Kevin Aluwi, will support Dash Electric’s mission to accelerate EV adoption in Indonesia by providing electric fleets for logistics businesses.
Aditya Brahmana, CEO and Co-founder of Dash Electric said the investment would enable the company to scale up its operations, expand its EV fleet, and build the necessary infrastructure to support the growing demand for sustainable logistics solutions in Indonesia.
As is known, Indonesia’s transportation sector contributed significantly to the country’s carbon emissions in 2022, with motorcycles alone accounting for 36.1% of the total. Dash Electric’s electrification solutions align with SEEAA’s focus on inclusive, innovative, and globally-local solutions. This initiative supports the transition to a low-carbon infrastructure by promoting the adoption of clean technologies.
Established in 2023 by Aditya Brahmana and Robert Mulianto, Dash Electric is at the forefront of accelerating electric vehicle adoption in Indonesia. By providing bespoke electric fleet solutions and a robust green infrastructure, Dash Electric empowers businesses to transition towards sustainable operations. The company caters to a diverse clientele with a comprehensive service offering, from multinational logistics giants such as Lazada, DHL, JNE, and Janji Jiwa to agile startups such as Jala and Sayurbox.
“At Schneider Electric, we believe that electrification and digitalization are key to sustainable development. Our fourth investment in an Indonesian startup demonstrates our ongoing commitment to driving positive change in the archipelago,” said Martin Setiawan, Cluster President of Schneider Electric Indonesia & Timor Leste.
Leveraging its global expertise and track record, Schneider Electric has successfully fostered a coalition and incubated a healthy investment ecosystem to support high-impact initiatives, such as energy and digital services, to enable inclusive energy transition in critical sectors. SEEAA’s investment in Dash Electric marks its fourth investment in Indonesia-based startups, following previous investments in Xurya Daya Indonesia, SolarKita, and Agros.
Gilles Vermot Desroches, President of SEEAA, commented, “We support early-stage startups focused on creating positive impact, helping them develop solutions for underserved markets. We provide financial and technical support with Schneider Electric and its partners, empowering early-stage innovation to scale into meaningful and measurable solutions.”