XPeng Motors Co-founder Unveils New Venture, Securing Angel Round Funding from ZhenFund, Sequoia Capital, and Other Esteemed Investors
1 week ago / Read about 0 minute
Author:小编   

OMOWAY, a brand of advanced intelligent electric motorcycles under Muwei Technology, has recently secured tens of millions of dollars in seed and angel round funding. This investment round was jointly led by ZhenFund, Sequoia Capital, and Huiyou Capital, with additional contributions from the company's founder, He Tao, and its core team. Launched by He Tao, co-founder of XPeng Motors, OMOWAY boasts a team comprising experts in automotive intelligent driving and motorcycle manufacturing. The brand's inaugural intelligent electric motorcycle was introduced in Jakarta, Indonesia, with a strategic focus on localizing its offerings for the Southeast Asian market, with sales set to commence in Indonesia in 2026.