# Spoke Safe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spoke-safe

- Industry: Software
- Headquarters: London, UK
- Website: www.spokesafe.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Mar 28, 2022)
- Investors on record: 2

## About

Based in London, UK, and founded in 2019 by Maxwell Wilson, Spoke Safe Ltd., doing business as SpokeSafe, manufactures smart lockers for cyclists to enable secure parking in public places. The company provides cycle parking facilities across London in Oxford Circus, Soho, Mayfair, Waterloo, and Finsbury Park. In March 2022, Spoke Safe Ltd. raised GBP 150,000 in Seed funding led by new investor British Design Fund, with participation from returning investor Bethnal Green Ventures.

To promote sustainable transportation, the firm manufactures and installs modular outdoor locks for cycles, scooters, and cargo bikes to be used in public which is accessible by their smartphone application. The firm also has designed and built indoor spaces for parking across London. Additionally, Spokesafe is building an online member community, designed for active travelers to share knowledge, resources, and expertise.

The company intends to use the March 2022 funding to spread to new locations across London and beyond.

## Funding rounds

- Seed, Mar 28, 2022, $0.2M — Bethnal Green Ventures, British Design Fund
- Seed, Apr 1, 2020, $0.3M — Bethnal Green Ventures

## Investors

- Bethnal Green Ventures (https://capitalatlas.ai/funds/bethnal-green-ventures) — Seed
- British Design Fund (https://capitalatlas.ai/funds/british-design-fund) — Seed