OKAI
9 Xinxin Rd., Xinbi St., Lishui, Zhejiang, China
Overview
Okai is an electrical company that manufactures light electric vehicles for consumers. The company's core products are smart electric short-distance travel tools such as e-scooters and e-bikes. Through the dual drive of sharing and consumption, it offers users one-stop multi-scenario smart travel solutions. It also helps people everywhere to move across cities, campuses, and communities in ways that are safe, simple, and fun.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Electrical Distribution
Investment portfolio
- Forest
Participated · Series B · Apr 2026
Forest operates a zero-emission shared e-bike platform in London, powering its fleet and service vehicles with renewable energy. Founded in 2020 by Agustin Guilisasti alongside Caroline Seton and Michael Stewart, the company serves about 1.5 million users and completes around two million rides per month across 18 boroughs. Forest has deployed roughly 2,600 parking bays and offers users up to 30 free cycling minutes per day, having gifted 110 million free minutes since 2021. Recent commercial wins include sole-operator tenders (notably in Richmond) and it claims the largest continuous operating area of any shared e-bike provider in London. The company plans to use new capital to expand its London operations, invest further in cycling infrastructure, and enhance its app, parking compliance and safety features. As part of its latest financing, OKAI invested equity and took a minority stake, and Fintex Capital expanded an asset-backed facility to support fleet financing.