Singapore-based electric mobility startup Omoway has raised tens of millions of US dollars in pre-A and pre-A+ funding rounds, led by HongShan and Rocket Capital, further strengthening its push toward the large-scale commercialization of smart two-wheeled vehicles. Existing investors ZhenFund, Hui Capital, and company founder Todd He also participated in the round, reaffirming confidence in Omoway’s long-term vision and technology roadmap.
The fresh capital will be directed toward mass production and global expansion of Omoway’s flagship product, the OMO X self-balancing electric motorcycle. Designed for modern urban mobility, the OMO X integrates AI-driven self-balancing technology that enhances rider stability at low speeds and significantly reduces physical fatigue, addressing a key pain point in daily two-wheeler commuting.
Key Highlights
- Omoway funding round raises tens of millions for EV expansion
- OMO X self-balancing electric motorcycle to debut in Indonesia
- AI-powered two-wheeler technology targets stability and rider comfort
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According to the company, Omoway is currently preparing for commercial launch and aims to become the world’s first mass-produced self-balancing electric motorcycle, positioning itself at the intersection of artificial intelligence, electric vehicle innovation, and smart mobility solutions. This ambition places Omoway among a new generation of EV startups redefining personal transportation through advanced engineering.
The company plans to launch the OMO X electric motorcycle initially in Indonesia, partnering with more than ten local distributors. Omoway views Southeast Asia as a critical early market, driven by high two-wheeler adoption, rising demand for electric two-wheelers, and supportive mobility transitions across the region.
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With strong investor backing and a clear go-to-market strategy, Omoway is positioning itself as a notable player in the evolving global electric motorcycle market, where safety, intelligence, and scalability are becoming decisive differentiators.
