Spokesafe secures £150k pre-seed funding to expand active travel infrastructure across the UK
The pre-seed round was led by British Design Fund with backing from Bethnal Green Ventures and angel investors.
London active travel platform helping cyclists locate and access secure bicycle parking facilities. The business deploys proprietary software and smart lockers to utilise spare urban space.
London-based active travel platform Spokesafe has secured £150k in a pre-seed funding round led by British Design Fund. The financing also saw participation from existing backer Bethnal Green Ventures alongside a group of angel investors.
The capital will be deployed to accelerate the nationwide rollout of the company network, which connects cyclists with secure parking spaces through a mobile application and proprietary smart lockers. Spokesafe recently initiated a pilot scheme with Transport for London and plans to unveil further sites.
Founder Max Wilson established the business in 2019 after observing long waiting lists for cycle storage in commercial buildings. The firm aims to bridge the gap in active travel infrastructure by converting underused urban areas into secure bicycle storage points.
From the founder
"While working in central London, I discovered my employer had a two-year waiting list for bike parking spaces, which I thought was crazy."
Max Wilson
Founder at Spokesafe
Investor perspective
"We’re delighted to welcome Spokesafe to the British Design Fund portfolio. The company’s unique proposition combines technology and manufacturing expertise, to offer a solution to a growing, global need. Along with funding, our expert mentors look forward to working with the team, as they target rapid growth in the coming year."
Damon Bonser
CEO, British Design Fund
Use of funds
- 01Expand into international markets
