EV parts maker Vecmocon raises $5.2 million led by Tiger Global, Blume Ventures

Electric vehicle (EV) components maker Vecmocon has raised $5.2 million from Tiger Global, Blume Ventures and other angel investors.

This is the fourth EV startup that New York-based investment firm Tiger Global has poured money into and the second this year after investing in battery swapping firm Battery Smart in June.