Wize, founded in 2022 and based in Dubai, provides subscription and rental electric motorcycles alongside a fleet-management platform for last-mile delivery. The platform allows businesses to manage fleets 24x7 and collects data on driver behaviour, location, speed, and charge levels. Wize offers its solution as a white-label product for logistics companies and claims its motorcycles comply with UAE courier transport regulations. The company has formed partnerships with UAE delivery firms, including Motoboy, to pursue zero-carbon emissions through electric bike usage. Management says the startup aims to expand its UAE market presence, develop new products, and explore additional partnership opportunities. In the current financing, Wize raised capital to support these growth and product development plans.

Total raised

$16M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023