Superpedestrian has secured major financial backing from the Citi Impact Fund, OurCrowd, Winthrop Square Capital, and others--part of a new $60 million investment in the transportation robotics company that will fuel responsible growth of its LINK scooter fleet equipped with unique On-Board Intelligence and an active safety system.

Superpedestrian is the only true tech company in an industry of service companies. Spun out of MIT, it invested 8 years and $75 million to patent more than 30 electric vehicle technologies that have resulted in the only e-scooter with On-Board Intelligence, giving LINK scooters a competitive advantage in safety and reliability.

Superpedestrian set out to commercialize patented wheel technology, which transforms standard bicycles into hybrid e-bikes with integrated online platforms, finding new ways to connect people with their environment. Superpedestrian's breakthrough in personal mobility is being developed by a founding team comprised of world-recognized engineers, architects and academics, who formerly were team members at companies such as Segway, TeleAtlas, Nokia and MillenWorks, a subsidiary of Textron.