Dodai Group, Inc.
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Dodai Group, Inc. - overview
Established
2021
Location
New Castle, DE, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 2021 and based in New Castle, US, Dodai Group, Inc. engages in the development, import, and sales of electric motorcycles for the delivery industry in Africa, mainly in Ethiopia. The company also provides charging stations for electric vehicles. In March 2024, the firm raised USD 4 million in Series A funding from investors Nissay Capital and Musashi Seimitsu Industry, with participation from returning investor Inclusion Japan.
Dodai launched a solar power generation project for the non-electrified poor in Djibouti in Africa. Dodai will continue to accelerate its business development with the aim of popularizing electric mobility in Africa. The company plans to use the March 2024 funding to acquire electric bike components and battery units overseas, finance overhead costs, and sustain product development efforts.
Current Investors
Inclusion Japan, Nissay Capital, Musashi Seimitsu Industry
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
https://dodaijapan.com/
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series A
Total Amount Raised
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