Cycloid
Seoul, South Korea
◆ Total Raised
$0.4M
◆ Stage
seed
◆ Location
Seoul, South Korea
◆ Founded
2023
◆ Team size
1-10
◆ Links
◆ About Cycloid
South Korean mobility startup operating Badream, an electric motorcycle subscription platform for delivery riders with integrated financing, subsidy applications, and fleet management.
◆ What sets it apart
Badream is the only electric bike platform in Korea that combines vehicle sales/rentals with a 5-minute electronic subsidy application service and a convenient used combustion motorcycle trade-in program.
◆ Sectors
◆ Business
Modelmarketplace
CustomerDelivery riders and consumers purchasing or renting electric two-wheelers
◆ Notable
- Signed an MOU with the Ministry of Environment, Ulsan Metropolitan City, HD Hyundai Heavy Industries, and LG Energy Solution Kuru to electrify mobility in HD Hyundai's Industrial Complex
- Largest and only electric bike platform in Korea
- Developed a 'simple subsidy application service' completing 15 types of government subsidy documents in five minutes
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Cycloid do?
South Korean mobility startup operating Badream, an electric motorcycle subscription platform for delivery riders with integrated financing, subsidy applications, and fleet management.
Where is Cycloid based?
Cycloid is based in Seoul, South Korea, founded in 2023.
How much has Cycloid raised?
Cycloid has raised $0.4M in tracked funding and is currently at the seed stage.
Who has invested in Cycloid?
Investors in Cycloid include InfoBank and iAccel (South Korea).