Streetlogic wants to help e-bike riders have a safer experience on the road. The company announced a $2.1 million pre-seed raise, as well as the launch of its flagship product, a surround-view camera that can predict front, side and rear collisions and notify riders in order to prevent accidents.
Starting Tuesday, customers in the U.S., Canada and Europe can preorder Streetlogic’s advanced driver assistance system (ADAS) for e-bikes with a down payment of $30. The final retail price will be around $300 to $400, and the first batch of mass-produced systems is expected for delivery by the end of 2022, according to Jonathan Denby, CEO and founder of Streetlogic. Customers based in San Francisco, where Streetlogic is based, will be eligible to try one of the systems sooner via a limited, invite-only beta deployment program beginning early next year.