About FuroSystems
FuroSystems is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2016. It operates as a light electric motorcycles and mobility solutions are developed by FuroSystems. FuroSystems has raised $1 million across 1 funding round from investors including ClearlySo and TSP Ventures. FuroSystems offers products and services including FUZE, FURO X, and Aventa. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its legal entity is MA MICRO LIMITED. Its competitors include VanMoof, Rad Power Bikes, Cowboy, Urtopia and EMotorad and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
FuroSystems was founded in 2016 in London, United Kingdom, within the electric mobility sector. Light electric motorcycles are developed by the company, including the L1 model powered by Li-ion batteries, which achieves a 90 km range and top speeds of 45-65 kmh. Operations center on sustainable urban transport solutions. High-performance electric bicycles are planned for future development to expand the product line.
- Headquarters London, United Kingdom
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website furosystems.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Ma Micro Limited
- Date of Incorporation 14 Jan, 2022
- Jurisdiction WOKING, SURREY, UNITED KINGDOM
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Nov 2020
- InvestorsClearlySo
& 1 more
Products & Services of FuroSystems
FuroSystems offers a comprehensive portfolio of products and services, including FUZE, FURO X, and Aventa.
High-performance folding scooter with 750W power for urban riding.
Folding electric bike weighing 15kgs for daily commuting.
Urban electric bicycle with over 80km range and integrated features.
Apps and channels of FuroSystems
its YouTube channel FuroSystems has 414 subscribers and 30 videos.
Videos from FuroSystems
The most watched videos on FuroSystems's YouTube channel, FuroSystems (414 subscribers). Click a video to play it here.
More on FuroSystems.
Funding Insights of FuroSystems
FuroSystems has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Nov 2020)
- Investors Count 2
All 1 funding rounds of FuroSystems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $1M | Seed | – | TSP Ventures, ClearlySo | – |
2 investors in total: 2 institutional.
Investors in FuroSystems
FuroSystems has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ClearlySo and TSP Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
TSP Ventures is focused on investing in climate tech startups. | 2019 | tspventures.co.uk | London, United Kingdom | |
Investment banking firm | 2008 | clearlyso.com | London, United Kingdom |
Investor details for FuroSystems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of FuroSystems
2 dated milestones of FuroSystems across 4 years, from founding to its latest funding, stage changes and deals.
- Founded FuroSystems is founded.
- Funding First funding round of $1.0M.
Competitors of FuroSystems
FuroSystems has 9 listed competitors in our database, 9 of them funded. They include VanMoof, Rad Power Bikes, Cowboy, Urtopia and EMotorad, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanmoof.com | 2009 | Amsterdam, Netherlands | $186.25M | – | Electric bicycles with integrated technology are manufactured by VanMoof. | |
| radpowerbikes.com | 2007 | Seattle, United States | $329M | 542 | Developer of electric bicycles | |
| cowboy.com | 2017 | Brussels, Belgium | $142.62M | 63 | Electric bicycles with integrated batteries and displays are developed. | |
| newurtopia.com | 2021 | Wan Chai, China | $10M | – | Electric bicycles are developed and manufactured by Urtopia. | |
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| tenways.com | 2021 | Amsterdam, Netherlands | $43.86M | – | Electric bicycles are designed and manufactured by TENWAYS. | |
| angellmobility.com | 2018 | France | $35.59M | – | Electric bicycles are manufactured and developed in France by Angell. | |
| mate.bike | 2016 | Copenhagen, Denmark | $40.59M | – | Developer of electric folding bicycles | |
| gocycle.com | 2002 | London, United Kingdom | $500,000 | – | Folding electric bikes with automotive-inspired design and technology are manufactured. |
Detailed competitors of FuroSystems
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- Full competitor set
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Web traffic of FuroSystems
The website of FuroSystems (furosystems.com) receives about 4.6K visits a month.
- Monthly visits4.6K
▲ 30.2% vs previous month
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as FuroSystems (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Related news about Furosystems
Complete news archive for FuroSystems
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Frequently Asked Questions about FuroSystems
FuroSystems was founded in 2016 and raised its 1st funding round 4 years after it was founded.
FuroSystems is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
FuroSystems is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2020.
FuroSystems was founded in 2016 in London, United Kingdom, within the electric mobility sector. Light electric motorcycles are developed by the company, including the L1 model powered by Li-ion batteries, which achieves a 90 km range and top speeds of 45-65 kmh. Operations center on sustainable urban transport solutions. High-performance electric bicycles are planned for future development to expand the product line.
FuroSystems's top competitors include VanMoof, Rad Power Bikes and Cowboy.
FuroSystems offers FUZE, FURO X, and Aventa.
FuroSystems has 2 investors. Key investors include ClearlySo, and TSP Ventures.
FuroSystems operates through Ma Micro Limited.