UNIT 1 builds smart cycling accessories, anchored by the FARO smart helmet. The FARO helmet is fully waterproof, ventilated, won a Red Dot Award and integrates over 500 lumens of lights, weather monitoring, crash detection and the Mips safety system. An optional navigation remote (additional £34.90) adds turn signals and automatic brake lights; the company is taking preorders for a U1 Torch backpack with integrated lighting and has an upcoming U1 water bottle. UNIT 1 began in 2015 as an innovation company for action sports and is based in Madrid with a Wilmington, Delaware presence. The company has raised a $3.5 million Series A and plans to use the funding to accelerate its cadence, expand the team and broaden its product lineup through increased R&D. The FARO helmet is priced at £189.00 according to the article.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2023