Superpedestrian, a Boston-based spin-out from the Massachusetts Institute of Technology (MIT), has landed $2.1m in seed backing for a motor capable of being fitted to standard bicycles.
The round is being led by Spark Capital with backing from Tumblr founder David Karp. Proceeds from the round will be used to support the roll-out of the product, due to begin next month.
Called the Copenhagen Wheel, the motor, which was originally developed at MIT’s SENSEable City Laboratory, aims to get more…