# Dodai Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dodai-group

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Addis Ababa, Ethiopia
- Website: https://ethiopia.dodai.co/
- Total disclosed funding: $13M
- Latest round: Series A (Apr 28, 2026)
- Investors on record: 10

## 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 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 with participation from Spiral Capital, UTokyo Innovation Platform, NAGASE & CO., LTD., Persistent Energy Capital, For Seasons, CBC Corporation, Inclusion Japan and debt financing from British International Investment. The company will use the April 2026 funding to accelerate the rollout of electric motorbikes and battery swapping infrastructure in Ethiopia.

## Funding rounds

- Series A, Apr 28, 2026, $8M — British International Investment, Persistent Energy Capital, NAGASE & CO., LTD., UTokyo Innovation Platform, Spiral Capital, Inclusion Japan, CBC Corporation, For Seasons
- Series A, Mar 12, 2024, $4M — Nissay Capital, Inclusion Japan, Musashi Seimitsu Industry
- Seed, Jun 21, 2023, $1.5M — Inclusion Japan

## Investors

- Inclusion Japan (https://capitalatlas.ai/funds/inclusion-japan) — Seed, Series A
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A
- Musashi Seimitsu Industry — Series A
- British International Investment — Series A
- Persistent Energy Capital (https://capitalatlas.ai/funds/persistent-energy-capital) — Series A
- NAGASE & CO., LTD. — Series A
- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Series A
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series A
- CBC Corporation — Series A
- For Seasons — Series A