# Zyp Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zyp-technologies

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Pakistan
- Website: www.zyptechnologies.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Sep 12, 2023)
- Investors on record: 1

## About

Founded in 2022 and based in Pakistan, Zyp Technologies, Inc. operates as a provider of electric mobility that manufactures motorcycles with electric battery power and smart technology for charging and swapping stations. Laiq Chughtai, IQ Sayed (CTO), and Hasan Arshad Nasir are the co-founders of the company. In September 2023, Indus Valley Capital led a USD 1.2 million in seed funding for Zyp Technologies, Inc. As of 2023, Hassan Khan serves as the CEO of the company.

The company’s product, the Zyp Utility Motorcycle 2000 (ZUM 2000), is designed for daily commuters seeking comfort and reliability. It offers a 2000W hub motor, a 1.8KWH swappable battery, a 70KM battery swap range, and a top speed of 75 km/h.It features include safety with rear and front disc brakes and anti-theft alerts on mobile phones.

For the more adventurous, the firm offers the Magvus 3000, which has a 3000W mid-drive motor, a 120KM swap range, two 1.8KWH swappable batteries, and premium components with a top speed of 85 km/h.In addition, the firm's vehicles also have built-in GPS/GNSS, internet connectivity, and a smartphone app that displays nearby charging stations and other services. Zyp Technologies, Inc.’s brands include Zyp Energy® and Zyp Motors®, along with Magvus®.

The organization plans to use the September 2023 funding to bolster capital expenditures linked to both the assembly plant and the delivery of battery solutions.

## Funding rounds

- Seed, Sep 12, 2023, $1.2M — Indus Valley Capital

## Investors

- Indus Valley Capital (https://capitalatlas.ai/funds/indus-valley-capital) — Seed