Four months after collecting $100m from Astra International, Go-Jek has added an undisclosed amount from three Mitsubishi subsidiaries to a targeted $3bn series F round.
Indonesia-based on-demand ride platform Go-Jek has raised an undisclosed sum from carmaker Mitsubishi Motors, diversified group Mitsubishi Corporation and financial services firm Mitsubishi UFJ Lease & Finance, DealStreetAsia reported today.
The three investors, all subsidiaries of diversified conglomerate Mitsubishi, joined an ongoing series F round that stood at $1.1bn as of March 2019, when diversified conglomerate Astra International supplied $100m.
The round, which has a target size of $3bn, achieved a $1bn first close in February 2019 co-led…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.