# GroundUp

> GroundUp is a VC fund in Multan backing Automotive, Transportation and Electric Vehicle. See 1 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Multan, Pakistan
- Total investments: 1
- Last investment: May 2022
- Lead investor: 0%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/grounduppk
- Website: https://groundup.pk

GroundUp is an organization which invests in startups of Pakistan. A platform that invests in companies & startups that services the needs of industries on the verge of massive change through technological innovation. Investment in startups with high-growth potential across startups, real estate & other exciting opportunities /technologies.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 1 | 100% |
| Transportation | 1 | 100% |
| Electric Vehicle | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ezBike | ezBike is Pakistan’s leading electric mobility company, pioneering sustainable transport through electric bike solutions. Launched in 2020 with the country’s first electric scooter-sharing service, ezBike now leads in motorcycle conversions and battery swapping. Our flagship service converts 70cc petrol bikes to electric, cutting costs by up to 70%and eliminating fuel use. With deployments across Foodpanda, inDrive, TCS, and Leopards Courier, and 40 active battery swap stations, ezBike is transforming last-mile delivery. We offer batteries-as-a-service to reduce upfront costs, making electric mobility more accessible. Each bike saves 1 ton of CO₂ and reduces maintenance by 60%. | $1.5M | Pre-Seed | May 13, 2022 | https://ezbike.pk/ |

1 of 1 investments shown.

## Co-investors
- [i2i Ventures](https://shizune.co/investors/profile/i2i-ventures) — VC Fund, 1 deal together
- [Walled City Co.](https://shizune.co/investors/profile/walled-city-co) — VC Fund, 1 deal together

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## Featured in investor lists
- [Automotive Investors in Pakistan](https://shizune.co/investors/automotive-investors-pakistan)
- [Automotive VC Funds in Pakistan](https://shizune.co/investors/automotive-vc-funds-pakistan)

## FAQ

### What does GroundUp invest in?

GroundUp invests primarily in Automotive, Transportation and Electric Vehicle startups, most often at Pre-Seed stage. Most of the 1 investments tracked by Shizune back companies in Pakistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did GroundUp last invest?

The most recent investment recorded for GroundUp closed in May 2022. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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