# SHADO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shado

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Singapore
- Website: www.shadoev.com
- Total disclosed funding: $2.7M
- Latest round: Series A (Apr 11, 2019)
- Investors on record: 1

## About

Based in Singapore, and founded in 2011, SHADO creates electric three-wheelers that can transport both people and goods. As of 2022, the company’s co-CEOs are Saurabh Markandeya and Ben Lim, respectively.

The products manufactured by the company include ERICK, which is a low-voltage and instantly chargeable electric three-wheeler; Electrans, which is a powertrain that allows for safer, low-voltage electric motors for commercial applications; and Dropcharge batteries.

## Funding rounds

- Series A, Apr 11, 2019, $2.7M — Unicorn Venture Capital

## Investors

- Unicorn Venture Capital (https://capitalatlas.ai/funds/unicorn-venture-capital) — Series A