Superpedestrian is a transportation robotics company headquartered in Cambridge, MA. Founded in 2013 as a spinout from MIT, the company focuses on developing core technologies for micromobility. Over the years, Superpedestrian has dedicated substantial efforts to perfect its proprietary Vehicle Intelligence System (VIS), initially implemented in the renowned Copenhagen Wheel. Transitioning to the shared mobility industry, the company launched the LINK brand for its electric scooters in 2020. The cornerstone of Superpedestrian's offerings is its mature VIS platform, equipped to identify and mitigate over 100 common malfunctions in fleet scooters, preventing over 50% of issues that would typically lead to scooter failure. This technology, comprising embedded computers and cloud software, facilitates autonomous protection from potential issues like battery fires, short circuits, or failed brakes, ensuring enhanced vehicle safety and operational efficiency. In February 2022, Superpedestrian secured a significant $125.00M Series C investment from a consortium of prominent investors including Spark Capital, General Catalyst, Fraser McCombs Capital, Jefferies, Sony Innovation Fund, Citi Impact Fund, and Antara Capital. With its innovative technology and strategic focus on re-engineering micromobility, Superpedestrian presents an exciting prospect for investors seeking opportunities in the robotics, autonomous and sensor tech, and automotive sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $125.00M | 7 | Citi Impact Fund, Antara Capital | 01 Feb 2022 |
Debt Financing | Unknown | 7 | Antara Capital | 01 Feb 2022 |
Venture Round | $60.00M | 3 | Citi Impact Fund | 21 Dec 2020 |
Venture Round | $15.00M | 4 | 04 Jun 2020 | |
Series C | $20.00M | 5 | 20 Nov 2019 |