On June 23, the intelligent electric motorcycle startup OMOWAY (Muwei Technology) announced the successful completion of a seed and angel round funding totaling tens of millions of dollars. The investment was jointly led by ZhenFund, Sequoia Capital, and Huiyou Capital, with additional contributions from the founder He Tao and the company's core team. OMOWAY, founded by He Tao, co-founder of Xiaopeng Motors, specializes in the research and development of intelligent electric motorcycles.