Superpedestrian specializes in the micromobility sector by designing and deploying advanced e-scooters, with its main product being the LINK scooter. This scooter is designed to be smart and safe, featuring a patented Pedestrian Defense system that enforces riding rules and enhances safety by slowing down in pedestrian zones. Users can rent these scooters through a mobile app, allowing them to locate, unlock, and ride them for a fee based on the duration of their ride. Superpedestrian collaborates with over 40 cities in North America and Europe to provide reliable transportation options, setting itself apart from competitors with its strong focus on safety and compliance. The company's goal is to improve urban mobility, making it more accessible and enjoyable for everyone.

Citi

Winthrop Capital Management

OurCrowd

Spark Capital

Paul Sagan

Jared Leto

General Catalyst

General Catalyst Partners

John Maloney

Tony Fadell

Xavier Niel

Antara Capital

Edison Partners

FM Capital

Empire Angels

Jefferies Group

Sony Innovation Fund

Hanaco Venture Capital

Surf Beyond

Robotics & Automation

Automotive & Transportation

Superpedestrian

Norwegian startup Surf Beyond picks up bankrupt US competitor Superpedestrian's assets in Europe, including 25k scooters, for about €5m.

Norway's Surf Beyond scooter startup acquires bankrupt competitor

Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy.Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2).The company was in the midst of a funding round when an investor’s withdrawal pushed it over the edge, according to the report. While it remains unclear if Cake filed for bankruptcy protection or insolvency, Ytterborn expressed his determination to find a solution.Cake gained recognition for its high-design bikes and raised $14 million in a Series A funding round in 2019, the report said. This was followed by a $60 million Series B round in 2021, which aimed to support the company’s manufacturing facilities and retail expansion plans in Europe, North America and Asia.However, Cake has faced challenges in recent months, per the report. In November, it issued a recall for one of its mopeds due to a steering column defect. Shortly after, its flagship Kalk eMotorcycle was recalled after a unit caught fire in a South Korean dealership

Cake Files For Bankruptcy, Joining Other Troubled Emobility Firms

A spokesperson for Derby City Council told the Local Democracy Reporting Service: "We have been informed that Superpedestrian has closed its UK operations, which includes its trial e-scooter subscription scheme in Derby.

Derby: City's e-scooters stopped after firm halts UK operation

Superpedestrian's dissolution came just days before Bird - the industry leader in shared e-scooters - announced it was filing for Chapter 11 bankruptcy.

Company to auction off thousands of its e-scooters after closing down

LINK scooters maker Superpedestrian will reportedly cease operations in Seattle and elsewhere in the U.S. (Superpedestrian Photo)Seattle’s scooter and bike share program is navigating a bit of a bumpy road as one company with devices on city streets has filed for bankruptcy and another is reportedly shutting down operations.Bird filed for bankruptcy on Wednesday, saying in a news release that the “financial restructuring process” is aimed at “strengthening its balance sheet and better positioning the company for long-term, sustainable growth.” Bird first received a permit to operate electric scooters in the city in 2022. This summer the company added bikes to the mix, and as of this month had a fleet of more than 1,800 units in the city, according to data from the Seattle Department of Transportation.Miami-based Bird said it will operate as usual during the bankruptcy process, “maintaining the same service for its riders and upholding its commitments to partner cities, fleet managers, and employees.” A Bird spokesperson confirmed in an email to GeekWire that that commitment applies to Seattle, where the company plans to continue a “strong relationship with the City administration to ensure the correct number of scooters are deployed.” Bird said it expects to continue to operate with its same local team of employees.A Bird electric bicycle in downtown Seattle. (GeekWire File Photo / Taylor Soper)Meanwhile, Superpedestrian, makers of LINK e-scooters, is reportedly shutting down U.S. operations at the end of December, according to a TechCrunch story last week and posts by employees on LinkedIn. The Cambridge, Mass.,-based company raised $125 million last year, but TechCrunch reported that the reason for the shutdown was financial

Scooter Share In Seattle Navigates Potential Bumps As Bankruptcy And Shutdown Hit Two Providers

Following the acquisition of Zagster's scooter business, Superpedestrian launched its own micro-mobility division, called Link.

MIT spinoff Superpedestrian is shutting down, according to reports

A report released today by Cities Today and Superpedestrian details the need for measuring micromobility's environmental impact and announces forthcoming industry standardization                        .                     .

New Report Details Recommendations For Measuring The Sustainability Impact Of Shared Micromobility

Though so far, Superpedestrian has rolled out its pedestrian defense technology only in Chicago.

E-Scooters Could Be The Future Of Micromobility In LA

Populus has partnered with micromobility operators Superpedestrian and Helbiz through a U.S. Department of Transportation (USDOT) grant funded micromobility safety initiative.

POPULUS Read partners with Helbiz, Inc.

Micromobility firm Superpedestrian has partnered with the Massachusetts Institute of Technology on a project that uses e-scooters to find structural cracks in bridges.

Superpedestrian

Designs and deploys advanced e-scooters

Superpedestrian

Designs and deploys advanced e-scooters

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