OMOWAY Raises Millions Led by CATL Affiliate for Smart E-Motorcycles

OMOWAY, a burgeoning player in the intelligent two-wheeled mobility sector, has successfully closed significant funding rounds, including a Series A+ led by Lochpine Capital, a fund backed by electric vehicle battery giant CATL. The company also secured a Series A round spearheaded by Monolith, with participation from 中金资本 (CICC Capital) and existing investor ZhenFund. These investments, each in the tens of millions of US dollars, underscore strong confidence in OMOWAY's innovative approach to electric motorcycles and its rapid market penetration.

The fresh capital infusion propels OMOWAY's mission to redefine personal transportation, particularly in emerging markets. The company's flagship product, the OMO-X, launched globally in June and immediately captured the top spot for electric motorcycle orders in Indonesia within its first month of sales. This remarkable achievement highlights the product's appeal and OMOWAY's effective go-to-market strategy in a region traditionally dominated by established gasoline-powered brands.

OMOWAY is tackling key industry pain points: the high cost of premium smart mobility solutions and the lack of technological sophistication in more affordable options. The OMO-X distinguishes itself with advanced features typically found in higher-end vehicles. Standard equipment includes a digital key, automatic side stand, and remote vehicle control. Notably, it boasts a 10.25-inch automotive-grade intelligent display, significantly larger than the 5-7 inch screens common in the sector. Furthermore, its proprietary double-wishbone rear suspension, a feature usually reserved for luxury cars, enhances ride stability and comfort.

The product line offers distinct user experiences. The OMO-X Smart variant focuses on seamless digital interaction and connectivity for efficient commuting. The groundbreaking OMO-X Balance model, the world's first mass-produced self-balancing motorcycle, integrates gyroscope stabilization technology, inspired by aerospace engineering. This feature, coupled with low-speed balance assistance, addresses the common challenges of motorcycle handling and stability, making riding more accessible and secure.

Underpinning these advancements is OMOWAY's proprietary OMO-ROBOT universal technology architecture. This platform deeply integrates artificial intelligence and robotics with vehicle engineering, creating a closed-loop system for perception, decision-making, execution, and communication. This robust framework is also the foundation for OMOWAY's development of its fully self-developed wheeled robot, Mobility One, with a prototype expected later this year. The company's strategic vision extends beyond personal mobility, aiming to evolve transportation into intelligent companions for various applications, including logistics, public services, and domestic use.

With a strong financial backing from investors including Sequoia Capital, Monolith, Lochpine Capital, Star River Capital (associated with Xpeng), and Huiyou Capital (backed by BYD co-founders), OMOWAY is well-positioned for aggressive global expansion. Following its successful launch in Indonesia, where it has established a network of dozens of dealerships across key cities, the company plans to enter markets in Thailand, Singapore, and Europe. This strategic international push signals OMOWAY's ambition to become a global leader in intelligent two-wheeled transportation.