December 7, 2019 News Magazine

Scooter maker Superpedestrian raises $20 million as it gears up to launch

Superpedestrian, the startup working with a handful of scooter operators to deploy vehicles that can perform self-diagnostics, just raised a $20 million round from Spark Capital, General Catalyst, Hanaco Ventures and Empire Angels. This brings Superpedestrian’s total funding to $64 million.

Superpedestrian has yet to announce its operating partners, but is on track to launch in multiple markets in January.

Superpedestrian scooters can last up to seven days without recharging, assuming about five to six rides per week, its CEO Assaf Biderman told TechCrunch. But its key offering is the vehicle intelligence platform, which is designed to detect more than one hundred situations that could lead to malfunction, triage each issue and then determine what response to take in order to prevent vehicle damage and rider injury.

“The vehicle is constantly asking itself if it’s safe,” Biderman said.

That means Superpedestrian’s software is continuously monitoring for things like water penetration, cut internal wires, battery cell temperature imbalances, braking issues and more. Superpedestrian’s software is also able to quickly enforce local speed limits via geofencing.

Superpedestrian isn’t disclosing how much it’s selling its platform and vehicles to operators, but says the price is competitive with the other products on the market. While Biderman says Superpedestrian is currently focused on selling to operators, the company does plan to eventually sell directly to consumers.

While launching and operating shared micromobility services is no longer novel, Superpedstrian is trying to take advantage of an emerging opportunity in the space. That opportunity is software. As business and mobility analyst Horace Dediu recently told me, these micromobility vehicles have an opportunity to also be software hubs. In fact, he said it’s where he expects bigger players like Google and Apple to enter the space.


Source: TechCrunch

Tags: in Uncategorized
Banner
Related Posts

Tastemakers raises $1.4M to sell Africa experiences to the world

August 23, 2019

August 23, 2019

New York based startup Tastemakers has raised a $1.4 million seed-round—led Precursor Ventures—for its business that connects Africa adventures to...

Uber finally sets diversity, inclusion and equity goals

July 15, 2019

July 15, 2019

Within the sphere of diversity, inclusion and equity, it’s common knowledge that companies are unlikely to achieve meaningful progress unless...

Hands-on with Microsoft’s new HoloLens 2

February 27, 2019

February 27, 2019

Earlier this week, Microsoft used its MWC press conference to announce the next version of its HoloLens mixed reality visor....

Adobe launches Aero, its AR authoring app

November 4, 2019

November 4, 2019

Adobe’s ambitions around augmented reality (AR) are no secret — there’s plenty of potential for building the right design tools...

The Statue of Liberty gets an AR app to celebrate its new museum

May 14, 2019

May 14, 2019

This week, the new $100 million Statue of Liberty Museum opens in the shadow of one of America’s most iconic...

Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series B round

May 30, 2019

May 30, 2019

Kurly, a startup that operates a grocery delivery service in Korea, said today that it has closed an upsized Series...

RYU’s line of backpacks offer style and function for exploring the city or weekends away

August 19, 2019

August 19, 2019

Yes, it’s Bag Week, where we celebrate all the best bags of the year here at TechCrunch. And there is...

Google adds playable podcast episodes to search results

August 8, 2019

August 8, 2019

Google is making it easier to find and listen to audio content specific to your search interests, with playable episodes...

Deploy the space harpoon

February 15, 2019

February 15, 2019

Watch out, starwhales. There’s a new weapon for the interstellar dwellers whom you threaten with your planet-crushing gigaflippers, undergoing testing...

The inevitability of tokenized data

March 15, 2019

March 15, 2019

Chris McCoy Contributor Chris McCoy is the chief executive of Footprint and the creator of Storecoin. More posts by this...

Email app Spark receives update with new design

November 20, 2019

November 20, 2019

Spark, the popular email app from Readdle, has been redesigned on iOS and Android. The interface has always been a...

Lightyear One debuts as the first long-range solar-powered electric car

June 25, 2019

June 25, 2019

Electric cars are better for the environment than fossil fuel-burning vehicles, but they still rely on the grid, which can...

Why are revenue-based VCs investing in so many women and underrepresented founders?

August 20, 2019

August 20, 2019

David Teten Contributor Share on Twitter David Teten is a Venture Partner with HOF Capital. He was previously a Partner...

How Roblox avoided the gaming graveyard and grew into a $2.5B company

July 11, 2019

July 11, 2019

There are successful companies that grow fast and garner tons of press. Then there’s Roblox, a company which took at...

Startups Weekly: Airbnb’s growing pains

November 9, 2019

November 9, 2019

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *