Future Motion makes the Onewheel, an electric boardsport device that retails for $1,499 and is sold via its website and select retailers. Founded in 2013 by CEO Kyle Doerksen, the company is focused on developing new advanced personal vehicles. It plans to increase manufacturing capacity and expand its engineering, marketing, and operations teams. Future Motion will build a new R&D center in Santa Cruz equipped to develop new recreation-transportation products. The company is also opening a European distribution and service center to accelerate growth in Europe and provide faster shipping and after-sales support. The business recently closed a $3.2m Series A to fund these initiatives.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2016