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 day, 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.
Written by Megan Rose Dickey
This news first appeared on https://techcrunch.com/2019/11/19/scooter-supplier-superpedestrian-raises-20-million-as-it-gears-up-to-launch/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 under the title “Scooter maker Superpedestrian raises $20 million as it gears up to launch”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.