Drive Terra

Investors: strategic angel investors

Investors unnamed. Company said a Series A would open in H1 2024; no Series A announcement found through September 2026 (latest news is the Oct 2025 ADNOC Distribution battery-swap partnership). The company's own post at driveterra.com/electric-mobility-startup-raises-2m-seed-funding/ now 404s. Also: https://www.zawya.com/wealth/alternative-investments/uae-start-up-terra-raises-2mln-to-expand-e-vehicle-fleet-ugth7cx0 https://www.rasmal.com/terra-raises-dollar-2-million-to-advance-electric-vehicle-fleet-and-battery-swapping/ https://www.sme10x.com/10x-industry/terra-tech-raises-us2-million-to-power-up-menas-electric-vehicle-landscape Confidence: confirmed (round 13, Wamda).

Investors: Saudi, American and British angel investors

Amount undisclosed by the company. Trades as Terra / Terra Tech Ltd (DIFC), founder Husam Zammar; Latham & Watkins advised. Also: https://www.zawya.com/en/press-release/companies-news/pioneering-mobility-tech-start-up-engages-mena-enterprises-with-clean-energy-motorbike-swap-and-drive-solution-mrvltxn9 https://mystartupworld.com/b2b-micro-mobility-tech-startup-terra-secures-pre-seed-funding/ Confidence: confirmed (round 13, Wamda).