Okinawa-based EV Startup IMAID Raises ¥116M, Partners with Univance to Scale 8-Seater Mobility and MaaS Solutions

Funding Overview

IMAID Corp., an electric mobility developer based in Uruma, Okinawa, has announced the successful completion of its Pre-Series A Bridge round. This latest injection of capital brings the company’s cumulative equity funding to 116 million yen. Key investors in this round include Univance Corporation—a Tokyo-listed specialist in drivetrain units—alongside Era Okinawa and several individual angel investors.

About IMAID

Founded in April 2017, IMAID is a startup originating from Okinawa that specializes in short-distance transportation solutions and vehicle management services. Its flagship product, the "CV-8," is an eight-seater electric vehicle designed to address the unique logistical challenges of local communities and tourist destinations. The company is dedicated to enhancing secondary transportation environments through the deployment of sustainable electric mobility.

Strategic Objectives and Future Outlook

IMAID plans to utilize the newly raised funds to secure parts for production, strengthen its mass-manufacturing R&D, and expand its organizational structure. A major focus will be the acceleration of its proprietary Mobility-as-a-Service (MaaS) platform, aimed at building a more integrated secondary transportation ecosystem.

Moving forward, IMAID will leverage Univance’s extensive technical expertise to advance powertrain development and enhance vehicle performance. The two companies intend to deepen their strategic partnership to drive innovation across the mobility services sector.