(Photo By: Courtesy)
By: Shoshanna Solomon - December 21, 2020
Superpedestrian, a maker of smart scooters, has raised some $60 million from investors to expand its fleet of vehicles that have an intelligence system alerting for safety hazards.
Investors in the firm include the Citi Impact Fund, Jerusalem-based OurCrowd, and private equity firm Winthrop Square Capital, the US firm founded by Israel-born CEO Assaf Biderman, said in a statement.
Biderman, who has a background in physics, left for Boston 19 years ago and worked for 13 years in a lab at the Massachusetts Institute of Technology where researchers use machine learning and robotics in a bid to solve city problems.
Read More: Times of Israel