Dodai Group, Inc.
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Dodai Group, Inc. - overview
Established
2021
Location
Addis Ababa, -, Ethiopia
Primary Industry
Automobiles, Other Vehicles & Parts
About
Dodai Group, Inc. is a US-based company focused on developing high-quality electronic devices and applications that enhance user experience in technology and lifestyle sectors. Dodai Group, Inc. was founded in 2021 and is headquartered in New Castle, US.
The company specializes in innovative electronic products and services. The founders include Addis Alemayehou and Yuma Sasaki, with Yuma currently serving as CEO. Dodai has raised a total of USD 3. 948 mn in Series A funding on March 12, 2024, with key investors such as Nissay Capital, Musashi Seimitsu Industry, and Inclusion Japan.
The company has completed a total of 2 deals. Dodai Group, Inc. specializes in a range of innovative products and services designed to enhance user experience in the technology and lifestyle sectors. Their core offerings include high-quality electronic devices and applications focused on consumer needs in areas such as personal productivity, health, and connectivity.
These products address specific use cases, optimizing daily routines, tracking health metrics, and facilitating seamless communication across devices. The company's target customer base includes tech-savvy individuals and families in urban areas, with marketing efforts spanning North America, Europe, and parts of Asia. Dodai Group, Inc. generates revenue through a structured transaction model comprising direct-to-consumer sales and partnerships with retailers and wholesalers.
The company employs a subscription-based service model for certain flagship products, providing ongoing access to premium features and updates. This model enhances customer retention and establishes a continuous revenue stream. Pricing plans cater to various consumer needs, offering both individual purchases and bundled services, ensuring flexibility in consumer choice. In April 2026, Dodai Group, Inc.
raised USD 13 million in series A and venture debt funding from Spiral Capital, UTokyo Innovation Platform, NAGASE & CO. , LTD. , Persistent Energy Capital, For Seasons, CBC Corporation, British International Investment, and Inclusion Japan. The company will use the April 2026 funding to accelerate the rollout of electric motorbikes and battery swapping infrastructure in Ethiopia.
Current Investors
Inclusion Japan, Nissay Capital, Musashi Seimitsu Industry
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
https://ethiopia.dodai.co/
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series A
Total Amount Raised
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