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…
In 2020, Stellenbosch University launched Africa's first-ever university venture fund focused on spinouts — here's how it's reshaping the country.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
