# Dodai funding: rounds and investors

> Dodai has raised $17M across 2 rounds since 2024. Investors include Nissay Capital, British International Investment and UTokyo Innovation Platform.

Source: https://millionrounds.com/company/dodai (Millionrounds; every figure on the page links to its filing or article)

Ethiopia · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Dodai*

2 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Energy Fintech Sports

Raised 6 months ago

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Funding summary Updated 5 Nov 2026

**$17M** raised across 2 rounds since 2024, from 4 sources

**$4.0M** Series A **$13M** Series A

- **Latest round:** Series A, $13M May 2026
- **Step-up i:** 3.3×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$4.0M** Series A

**$13M** Series A

- **First round:** Series A, $4.0M
- **Biggest round:** $13M
- **Between rounds:** 2.2 years

## The rounds

- **May 2026** Series A **$13M** *11 new* *1 returning* [Nissay Capital](https://millionrounds.com/fund/nissay-capital) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform) [CBC](https://millionrounds.com/fund/cbc) [Persistent](https://millionrounds.com/fund/persistent) [Nagase & Co](https://millionrounds.com/fund/nagase-and-co) [For Seasons](https://millionrounds.com/fund/for-seasons) [ICJ](https://millionrounds.com/fund/icj) [IPC](https://millionrounds.com/fund/ipc) [Inclusion Japan](https://millionrounds.com/fund/inclusion-japan-icj) [Persistent ACV Fund](https://millionrounds.com/fund/persistent-acv-fund) [Valuechain Innovation Fund](https://millionrounds.com/fund/value-chain-innovation-fund) Reported by Disrupt Africa and 2 others
- **Mar 2024** Series A **$4.0M** *1 new* [Nissay Capital](https://millionrounds.com/fund/nissay-capital) Source recorded

## Founders and team

From Dodai's own website: 1 founder, 5 on the team.

**Yuma Sasaki** Founder / CEO

- **Abenezer Yakob** CTO
- **Chuan Yee** Head of Engineering & Production
- **Hilina Legesse** SVP / Head of Corporate Services
- **Piniel Berhane** VP / Head of Finance
- **Samuel Tariku** VP / Head of Commercial

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2024 **Series A** 2026 [Nissay Capital](https://millionrounds.com/fund/nissay-capital) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform) [CBC](https://millionrounds.com/fund/cbc) [Persistent](https://millionrounds.com/fund/persistent) [Nagase & Co](https://millionrounds.com/fund/nagase-and-co) [For Seasons](https://millionrounds.com/fund/for-seasons) [ICJ](https://millionrounds.com/fund/icj) [Inclusion Japan](https://millionrounds.com/fund/inclusion-japan-icj) [IPC](https://millionrounds.com/fund/ipc)

## Everyone who backed them

[Nissay Capital](https://millionrounds.com/fund/nissay-capital) VC firm **2** rounds

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **1** round

[UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform) Growth equity **1** round

[CBC](https://millionrounds.com/fund/cbc) Corporate VC **1** round

[Persistent](https://millionrounds.com/fund/persistent) VC firm **1** round

[Nagase & Co](https://millionrounds.com/fund/nagase-and-co) Corporate VC **1** round

[For Seasons](https://millionrounds.com/fund/for-seasons) VC firm **1** round

[ICJ](https://millionrounds.com/fund/icj) VC firm **1** round

[Inclusion Japan](https://millionrounds.com/fund/inclusion-japan-icj) VC firm **1** round

[IPC](https://millionrounds.com/fund/ipc) VC firm **1** round

[Persistent ACV Fund](https://millionrounds.com/fund/persistent-acv-fund) VC firm **1** round

[Valuechain Innovation Fund](https://millionrounds.com/fund/value-chain-innovation-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dodai).

## Also claim to have backed them

This firm lists Dodai as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Spiral Capital](https://millionrounds.com/fund/spiral-capital) VC firm Per its own site

## Quick answers about Dodai

### Who invested in Dodai?

Dodai's investors include Nissay Capital, British International Investment, UTokyo Innovation Platform, CBC and Persistent, and 7 more on record.

### How much has Dodai raised?

Dodai has raised $17M across 2 rounds since 2024.

### When did Dodai last raise?

Dodai's most recent round was a Series A of $13M in May 2026.

### What was Dodai's biggest round?

Its most recent round, $13M in May 2026, is also its largest on record.

### Who backed Dodai first?

Dodai's first round on record, in Mar 2024, was backed by Nissay Capital.

### What stage is Dodai at?

Dodai's latest named round is a Series A, in May 2026.

### Where is Dodai based?

Dodai is based in Ethiopia.

## Companies like Dodai

In the same sector, and raised in the last eighteen months.

[**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**OG Capital** $1.8M · Nov 2026](https://millionrounds.com/company/og-capital)[**mamun** $3.0M · Nov 2026](https://millionrounds.com/company/mamun)[**Mamoon** $3.0M · Nov 2026](https://millionrounds.com/company/mamoon)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Takenos** $12M · Nov 2026](https://millionrounds.com/company/takenos)

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