Diligence memo · auto-generated · as of July 2, 2026
Dodai
Dodai looks fair against its niche peers and is active on financing cadence.
Businessfiled
Dodai operates in Climate / Cleantech, based in Africa. Ethiopian EV startup Dodai has closed a US$13 million Series A debt and equity funding round to accelerate the rollout of electric motorbikes and battery swapping infrastructure.
Sub-sector tags: climate/cleantech, mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Dodai has raised $13M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2026-05-11.
Most recent recorded round closed around 2026-05-11.
Valuation (modeled)modeled
Provath models Dodai at approximately $32M (range $16M–$44M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.18× the median modeled value of Series A Climate / Cleantech companies in 2025–2027 (7 peers) — value vs value, same stage and era. Within the normal band (118% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2 mo ago; this sector typically re-raises about every 9 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 79% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: Tagaddod, Kofa, Ezra Climate Inc., Insight Terra, Zero Carbon Charge.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.