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Financing丨 "OuKai" completed the first round of financing of nearly 100 million yuan, led by CICC Huirong Fund

author:Finance

Chuangbang learned that Zhejiang OKAI today announced that it has completed the first round of financing of nearly 100 million yuan. This round of financing was led by CICC Huirong Fund, a subsidiary of CICC Capital, and followed by a number of well-known institutions such as PwC Capital and Zhongda Property. Light Source Capital acts as the sole financial advisor.

Founded in June 2011, OKAI is an intelligent technology company driven by industrial design and cutting-edge technology, the core products are e-scooter, e-bike and other intelligent electric short- and medium-distance travel tools, through the sharing end, consumer end dual drive, to provide users with one-stop multi-scenario intelligent travel solutions.

OKAI is one of the "hidden champions" in the field of domestic science and technology, and has been deeply involved in the global micro-mobility field for many years, providing a variety of green and low-carbon products and solutions for urban secondary transportation other than public transportation and passenger cars.

Driven by information and digitalization, supported by the high-quality production capacity of its own factories, OKAI opens up front-end orders and back-end production management systems, provides customers with high-quality, high-tech and efficient customized production, meets diversified market demand, and is an excellent pioneer in the field of global micro-mobility.

Through the digital system connecting various business lines at home and abroad, OKAI has realized the automation of the whole business link from ordering, quotation, scheduling, production, delivery, etc., truly realizing the real-time information tracking of the whole process, and improving the customer experience and supply chain efficiency.

With this efficient system, OKAI products have sold nearly 2 million units in more than 10 countries and regions around the world.

OKAI core team members have been deeply engaged in the industry for more than ten years, have launched dozens of the world's mainstream electric vehicle products, in the appearance of design, hardware structure, data operation and other aspects are strictly controlled, with powerful data as the driver, full-stack technical solutions, to provide strong momentum for OKAI's independent innovation in the field of micro-mobility.

With the improvement of China's urbanization level and the increasingly diversified demand for urban micro-mobility, OKAI has always insisted on exploring the infinite possibilities of future travel through cutting-edge intelligent technology to bring users a better experience.

In this regard, OKAI not only continues to innovate in products, but also iteratively upgrades the industry ecosystem through active practice and exploration.

OKAI products adopt a richer human-computer interaction design to provide users with a comfortable, safe and interesting intelligent driving experience, and are equipped with remote online upgrade modules to provide users with continuous functional upgrades.

In addition, OKAI provides comprehensive support for the micro-mobility market by accelerating innovation in efficiency and cost in algorithms, systems, hardware, and data centers, slowing down the growing carbon footprint of travel energy consumption, and contributing to carbon neutrality goals.

OKAI founder & CEO Lu Jiangtao believes that under the rise of the Z generation and the promotion of "carbon neutrality", the future life will accelerate prosperity, the demand for micro-travel will further rise, OKAI will lay out the travel choices of consumer groups in the new era in advance, continue to focus on "new life trends", "scene new experience" and "micro-mobile revolution", with cutting-edge technological innovation to achieve a national intelligent manufacturing model under the strategic goal of self-confidence in big countries, and enrich the diversified scene needs of future travel.

For this financing, Lu Jiangtao said: "Thanks to the high recognition and support of major well-known investment institutions, OKAI has always been committed to becoming a leading international intelligent technology company, providing users with a wealth of interesting intelligent electric mobility products. OKAI insists on fully tapping the empowerment value of digital technology, exploring the effective integration of smart digital technology in the 5G era, continuing to pay attention to the new trend of consumption growth of Generation Z, creating a social travel scene with cultural identity, integrating innovation and attitude into the field of urban travel, and bringing users a new travel scene experience. ”

Jiang Xingquan, Managing Director of CICC Huirong Fund, a subsidiary of CICC Capital, said: "In the context of the global epidemic and carbon neutrality, the expansion and innovation of the micro-mobility scenario has been triggered, and CICC is firmly optimistic about the long-term growth of this field from product to operation. As a head player with more than 10 years of accumulation in the field of commercial electric scooter ODM, OKAI has established high competitive barriers in research and development, production, design and other aspects, and has been widely recognized by head customers at home and abroad, and has achieved rapid growth in performance in recent years. CICC is very willing to accompany OKAI to continuously promote product innovation, scene innovation and technological innovation, continue to expand its leading edge, and become a leader in the field of micro-mobility in the world. ”

Wang Hongwen, Managing Director of PwC Capital, said: "Globally, two-wheelers are a natural big market, and intelligence gives new entrants the opportunity to overtake traditional electric two-wheeler companies in curves. For OKAI, which has long served the overseas shared travel market, its electric two-wheelers have a very high level of intelligence and safety, and we believe that with the continuous development of domestic and foreign markets, OKAI will give full play to its own advantages and provide better products and services for customers around the world. OKAI products not only have the dual attributes of entertainment and travel, but also environmentally friendly and convenient, and its scientific and technological and intelligent products will increasingly become the first choice for young people to travel. ”

Zhou Pingping, general manager of Zhongda Investment, said: "Low carbon is becoming a new gene for industrial survival and change in the future, and it is also the focus of Wusan Zhongda Investment Company. As an electric scooter company that focuses on solving the last 'kilometer' of people's travel, OKAI not only meets people's diversified needs with better products and services, but also promotes the development of enterprises and the promotion of people's livelihood. Investing in such a company can be said to be in line with the trend. Congratulations to OKAI for getting more high-quality institutions, we are firmly optimistic about OKAI's continuous expansion of its advantages in the electric scooter market, and we also look forward to achieving mutual achievements together, becoming ourselves and adults. ”

Quan Bo, Vice President of Light Source Capital, said: "Going to sea has always been an area of great concern to us, and it is a great honor to serve such an excellent technology manufacturing enterprise as OKAI. OKAI has been deeply involved in the field of electric scooters for more than ten years, and its product strength is highly recognized by international first-line customers, and has laid a leading position in the global market. In the context of the epidemic and carbon neutrality, the secondary transportation market ushered in a further outbreak, and we are optimistic that OKAI will further expand its leading position in the context of the new era, backed by the strong position of China's industrial chain. It is expected that in the future, OKAI will continue to make breakthroughs in intelligent improvement, tide cool cultural ecology creation, global market expansion, etc., and continue to lead the trend of the green travel era. Light source continues to be optimistic about the development of OKAI and will accompany it for a long time. ”

This article originated from Chuangyebang

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