About PAI
PAI is a Transportation, Automotive & Logistics company based in Shanghai (China) founded in 2021 by Hongtao Ning and Xin Yan. Electric motorcycles are developed and manufactured by PAI. PAI has raised $14.07 million across 1 funding round from investors including Hegao Capital. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Two Wheelers. Its competitors include Segway-Ninebot, Kandi Technologies and Yadea; 1 of its 3 listed competitors has raised funding.
Company details
PAI was established in 2021 and is based in Shanghai, China. Focus is placed on the electric vehicle sector, where smart electric motorcycles are developed and produced. Automotive-grade three electric systems, voice-activated riding assistants, and central control screens are integrated into the designs. USB charging ports, cruise control functions, and storage compartments are also included in the vehicles. Manufacturing and development operations are conducted from the companys location.
- Headquarters Shanghai, China
- Founders Hongtao Ning, Xin Yan
- SectorsTransportation, Automotive & Logistics
- Website paidiandong.cn
- Total Equity Funding$14.07M (USD)
in 1 rounds
- Latest Funding Round$14.07M (USD), Series A
Jun 2023
- Investors
Funding Insights of PAI
PAI has successfully raised a total of $14.07M through 1 strategic funding round. The most recent funding activity was a Series A round of $14.07 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.07M
- Total Rounds 1
- Last Round Series A — $14.07M
- First Round $14.07M
(Jun 2023)
- Investors Count 1
All 1 funding rounds of PAI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $14.07M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in PAI
PAI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hegao Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| hygoalcap.com |
Investor details for PAI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PAI
2 people are tracked at PAI (2 in leadership).
| Name | Role | Group |
|---|---|---|
Hongtao Ning | Co-Founder | Leadership |
Xin Yan | Co-Founder | Leadership |
Complete people profiles for PAI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PAI
2 dated milestones of PAI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PAI is founded.
- Funding First funding round of $14.1M.
Competitors of PAI
PAI has 3 listed competitors in our database, 1 of them funded. They include Segway-Ninebot, Kandi Technologies and Yadea.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ninebot.com | 2012 | Beijing, China | $240M | Multi-category electric vehicles and robots are manufactured by Segway-Ninebot. | ||
| kandivehicle.com | 2005 | Jinhua, China | 840 | Multi-category electric vehicles are developed by Kandi Technologies. | ||
| yadea.com.cn | 1997 | Wuxi, China | 12,338 | Electric scooters and vehicles are manufactured by Yadea in China. |
Detailed competitors of PAI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Pai
Complete news archive for PAI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PAI
PAI was founded in 2021 and raised its 1st funding round 2 years after it was founded.
PAI is headquartered in Shanghai, China.
PAI is a funded company, having raised a total of $14.07M across 1 funding round to date. The company's 1st funding round was a Series A of $14.07M, raised on Jun 2023.
PAI was established in 2021 and is based in Shanghai, China. Focus is placed on the electric vehicle sector, where smart electric motorcycles are developed and produced. Automotive-grade three electric systems, voice-activated riding assistants, and central control screens are integrated into the designs. USB charging ports, cruise control functions, and storage compartments are also included in the vehicles. Manufacturing and development operations are conducted from the companys location.
PAI's top competitors include Segway-Ninebot, Kandi Technologies and Yadea.
PAI has 1 investor. Key investors include Hegao Capital.