Last year, Boston-based Superpedestrian announced plans to bring its R&D research to Ireland with an initial €15m investment.
US transportation robotics company Superpedestrian, which wants to open its European R&D base in Ireland, has raised $125m in funding announced today (1 February) to expand its Link range of shared e-scooters.
The company has created an AI-powered software called Pedestrian Defense that collects data from multiple vehicle sensors and integrates them with a Vehicle Intelligence system on-board the Superpedestrian Link e-scooter to make it take real-time action.
The funding will allow Boston-headquartered Superpedestrian to deploy the software-enabled e-scooters in the first 25 cities across the US and Europe, as well as invest more in R&D.
Existing investors such as Spark Capital, General Catalyst and Citi (via the Citi Impact Fund) were joined by new backers Jefferies, Antara Capital, Sony Innovation Fund by IGV and FM Capital.
A spin-out from Massachusetts Institute of Technology (MIT), Superpedestrain was founded in n 2012 by Assaf Biderman to combine robotics and AI with mobility. It launched the Link range of e-scooters in 2020 that is known for its patented Vehicle Intelligence platform that aims to prevent common e-scooter accidents.
‘Volvo of e-scooters’
Last June, The Irish Times reported that Superpedestrian had unveiled proposals to create up to 100 jobs as part of an initial €15m investment in Ireland – joining a whole host of micromobility companies and start-ups lining up to ride on Irish roads once e-scooters are legalised.
“We do a lot of our R&D and engineering in Massachusetts, and we are looking at mirroring the R&D aspect of that in Ireland,” Jean Andrews, director of policy, told The Irish Times. “We’re looking at the whole kit and caboodle of working on both hardware and software here.”
Following successful field tests of Pedestrian Defense in recent months, the system will now be integrated into the Superpedestrian Link fleet of e-scooters, described by Andrews as the “Volvo of e-scooters”, which have launched in 57 cities and logged “tens of millions of miles” already.
Andrews, speaking about the latest funding, said that she is looking forward to bringing Superpedestian e-scooters to Ireland, which have been built over nine years with software that “addresses the core challenges of electric vehicle fleets”.
“From predictive-maintenance and repair automation to fine-grain locationing and curb management, our platform is rich with advanced capabilities that enable safer and more reliable transportation solutions,” she added.
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