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Dodai logo — E-mobility for Africa

Dodai

E-mobility for Africa

Founded 2021 Ethiopia Ethiopia 45 employees Series A Total: $4.00M Manufacturing

General Information

Company Name Dodai
Founded Year 2021
Location Ethiopia Ethiopia
Employees 45
Industries Manufacturing
Funding Stage Series A
Social

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About Dodai

Dodai is a Japanese company based in Ethiopia, focused on bringing e-mobility solutions to Africa. They are currently engaged in the assembly and sales of electric motorcycles in Addis Ababa. Offering high-speed electric two-wheelers with long-lasting lithium batteries, Dodai aims to revolutionize transportation and make e-mobility accessible to everyone in Africa, presenting a solution to traffic congestion and high fuel costs. Their limited-time offer of ETB 50,000 OFF is a notable highlight, making their products even more enticing. Since its foundation in 2021, Dodai has attracted a significant $4.00M Series A investment from Nissay Capital, Musashi Seimitsu Industry, and inclusion japan on 12 March 2024. This investment signifies trust and interest from established players, validating Dodai's potential to transform the African transportation landscape. The company's location in Ethiopia potentially gives them a strategic advantage for expansion and growth within the continent.

Business keywords: e-mobility, electric motorcycles, transportation revolution, lithium batteries, sustainable commuting, affordable transportation, African market, limited-time offer, manufacturing in Africa, ethically sourced materials

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $4.00M 3
Nissay Capital, Musashi Seimitsu Industry +1
12 Mar 2024

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FAQ About Dodai

E-mobility for Africa
Dodai was founded in 2021.
Dodai is headquartered in Ethiopia.
Dodai operates in Manufacturing. Its work centres on e-mobility, electric motorcycles, transportation revolution and lithium batteries.
Dodai has approximately 45 employees.
Dodai has completed 1 funding round, raising a total of $4.00M. The latest funding stage is Series A.
Top alternatives and competitors to Dodai include COSMX, Evoke Motorcycles, HURBA - Electric Scooters, Primet Precision Materials, Inc., K-Motors. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Dodai and COSMX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Dodai, https://bouncewatch.com/company/dodai, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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