# Bateriku (M) Sdn Bhd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bateriku-m-sdn-bhd

- Industry: Retail
- Headquarters: Selangor, Malaysia
- Website: www.bateriku.com
- Total disclosed funding: $10M
- Latest round: Series B (Sep 4, 2024)
- Investors on record: 5

## About

Founded in 2014 and based in Selangor, Malaysia, Bateriku (M) Sdn Bhd operates as a provider of consumer services such as inspection, installation, and delivery of car batteries. The company was founded by its CEO, Azarol Faizi. In September 2024, Bateriku (M) Sdn Bhd raised MYR 34.7 million in series B funding from Gobi Partners, Kumpulan Wang Persaraan, VentureTECH, SBI Ventures Malaysia, and other unspecified investors. The company serves over 100 locations.

The company provides connected roadside assistance through Bateriku.com, which offers nationwide coverage in all economic regions of the country. The firm specializes in bridging everything related to car breakdowns, batteries, workshops, and the marketplace. Bateriku.com’s main product is their free battery service, which includes free delivery, inspection, and installation. It serves over 100 locations nationally and operates on many platforms, including the web, app, and marketplace. The firm also offers its mobile application, which is available for download on both the Apple Store and Google Play. 

The company will use the September 2024 funding to advance its technology and enhance the Vehicle Ownership Experience (VOE).

## Funding rounds

- Series B, Sep 4, 2024, $8M — Gobi Partners, Kumpulan Wang Persaraan, VentureTECH, SBI Ventures Malaysia
- Seed, Aug 1, 2022, $2.2M — Malaysian Technology Development

## Investors

- Malaysian Technology Development (https://capitalatlas.ai/funds/malaysian-technology-development) — Seed
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series B
- Kumpulan Wang Persaraan (https://capitalatlas.ai/funds/kumpulan-wang-persaraan) — Series B
- VentureTECH (https://capitalatlas.ai/funds/venturetech) — Series B
- SBI Ventures Malaysia (https://capitalatlas.ai/funds/sbi-ventures-malaysia) — Series B