Swedish technology and design startup STILRIDE has raised GBP2.5 million to produce sustainable electric motorcycles and scooters using a groundbreaking process dubbed ‘industrial origami’.
Swedish technology and design startup STILRIDE has raised GBP2.5 million to produce sustainable electric motorcycles and scooters using a groundbreaking process dubbed ‘industrial origami’.
This GBP2.5 million seed round was joined by angels and private investors that include Gustaf Hagman, Saeid Esmaeilizadeh, Sam Bonnier and Andreas Adler.
The origami manufacturing technique involves robots which are able to fold single sheets of recyclable steel into intricate, lightweight and durable new structures – significantly reducing the environmental impact of production. This process is being used to create the chassis and body for a fleet of next-generation e-motorcycles which will be made available to consumers in Europe later this year.
