The multi-university venture fund led a $566,000 round for smart helmet developer Forcite, which has now collected $2m in total.
Forcite Helmet Systems, an Australia-based smart helmet developer, obtained A$800,000 ($566,000) yesterday in a round led by multi-university venture fund Uniseed.
Founded in 2014, Forcite builds connected motorcycle helmets which depend on computer software and an embedded camera to provide the rider with information on their surroundings, helping to counteract dangers arising from their lack of road visibility.
The technology can also record video and audio footage of each ride, enabling biking enthusiasts to film and share their…
