Pinfold at 00:46, February 12, 2022

2022-02-12T00:46:34Z

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			Superpedestrian announced its largest-ever funding round, closing $125 million in debt and equity capital. The latest investment comes from Jefferies, Antara Capital, the Sony Innovation Fund by IGV and FM Capital alongside existing backers like Spark Capital, General Catalyst and Citi via the Citi Impact Fund.

			The new funding will be used to expand the LINK shared e-scooter service, boost the company's advanced R&D programs, and deploy scooters with Superpedestrian's new Pedestrian Defense safety system in the first 25 cities across the US and Europe during 2022. The AI-based software fuses data from multiple vehicle sensors and integrates them with the scooter's on-board Vehicle Intelligence to take real-time action on the scooter.

			Pedestrian Defense exceeds all other safety platforms in 3 key ways. It can:
			*'''More precisely detect vehicle position''' even in urban canyons where GPS has high inaccuracy
			*'''Detect a much wider array of unsafe riding behavior''' than any competitor, including sidewalk riding, stunt riding, aggressive swerving and "salmoning" against traffic
			*'''Intervene automatically to slow or stop a scooter in real time''' when unsafe behavior like riding on a sidewalk is detected

			Following successful field tests of Pedestrian Defense in recent months, the system will now be integrated into Superpedestrian's technologically advanced LINK e-scooter fleet, which has launched in 57 cities logging tens of millions of miles.

			Superpedestrian was spun out of MIT in 2013 with the mission to develop the world's smartest and safest light electric vehicle fleets. In 2020, Superpedestrian debuted the LINK Scooter, heralded as "The Volvo of e-Scooters" for its patented Vehicle Intelligence platform that actively prevents costly mechanical and electrical hazards that beset other e-scooter operators. Superpedestrian has become a world-leader in transportation robotics and human-scale mobility, holding over 40 patents in autonomous failure protection for vehicles, automated maintenance software, fleet optimization, and vehicle context awareness.

			Video: [https://www.youtube.com/watch?v=MwrbN57veL0 Watch Pedestrian Defense tech automatically stop a scooter riding on a sidewalk]

			Hi-resolution photos and video of Pedestrian Defense sidewalk riding prevention in action are available in Superpedestrian's press kit.

Pinfold: Created page with "{{News |Image=Superpedestrian600.jpg |Published=2022-02-01 |Organization=Superpedestrian |Where=Cambridge MA |Summary=Superpedestrian adds cutting-edge capabilities to its Veh..."

2022-02-10T06:18:46Z

Created page with "{{News |Image=Superpedestrian600.jpg |Published=2022-02-01 |Organization=Superpedestrian |Where=Cambridge MA |Summary=Superpedestrian adds cutting-edge capabilities to its Veh..."

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|Organization=Superpedestrian
|Where=Cambridge MA
|Summary=Superpedestrian adds cutting-edge capabilities to its Vehicle Intelligence platform, enabling high-precision management of riding and parking to improve safety on city streets
|Link=https://www.globenewswire.com/news-release/2022/02/01/2376578/0/en/Superpedestrian-Raises-125-Million-to-Scale-AI-Based-Pedestrian-Safety-Software.html
|Display=Yes
|Release=SuperpedestrianFeb2022.pdf
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Superpedestrian AI-Based Pedestrian Safety Software - Revision history

Pinfold at 00:46, February 12, 2022

Pinfold: Created page with "{{News |Image=Superpedestrian600.jpg |Published=2022-02-01 |Organization=Superpedestrian |Where=Cambridge MA |Summary=Superpedestrian adds cutting-edge capabilities to its Veh..."