# Okawa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/okawa

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Hefei, China
- Total disclosed funding: $18M
- Latest round: Series B (Mar 8, 2026)
- Investors on record: 9

## About

Established in 2020 and based in Hefei, China, Okawa Electric Technology (Anhui) Co., Ltd, trading as Okawa, operates as an electric power-assisted bicycle core parts supplier that provides mid-motor electrical system, torque sensor. The company has about 100 employees and branch located in Netherlands. The core research team comes from ZF, Volvo, Bosch, Shimano, Bafang and Dechang Electric. Lei Du is the founder of the company, and he graduated from Tsinghua University with a Ph. In March 2026, Okawa raised a series B funding from New Margin Capital, TH EDU Capital and Guolian Group.

The company provides travel management solutions. Its products mainly include electric bicycle three electric system - motor, electric control and battery. The company also develops mid-mounted motor core technology, including torque sensor and controller.

The company's revenue is generated by providing motor, electric control and battery.

## Funding rounds

- Series B, Mar 8, 2026 — TH EDU Capital, New Margin Capital, Guolian Group
- Series A, Mar 17, 2023, $18M — Decent Capital, Xiang He Capital, Tsinghua Capital, Wanwuwei Venture Capital, Qlacier Capital, Ruri Venture Capital

## Investors

- Decent Capital — Series A
- Xiang He Capital (https://capitalatlas.ai/funds/xiang-he-capital) — Series A
- Tsinghua Capital — Series A
- Wanwuwei Venture Capital — Series A
- Qlacier Capital — Series A
- Ruri Venture Capital (https://capitalatlas.ai/funds/ruri-venture-capital) — Series A
- TH EDU Capital (https://capitalatlas.ai/funds/th-edu-capital) — Series B
- New Margin Capital (https://capitalatlas.ai/funds/new-margin-capital) — Series B
- Guolian Group (https://capitalatlas.ai/funds/guolian-group) — Series B