Livall Riding
Smart riding equipment that aims to ensure cyclists' safety by integrating functions of music.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | $4.2m Valuation: $20.0m | Early VC |
| Total Funding | 000k | ||
Founded in 2014 by Bryan Zheng, LIVALL operates in the smart mobility and personal protective equipment market, with a focus on creating technologically advanced safety gear for cyclists and other outdoor sports enthusiasts. The company's genesis stems from its founder's personal experience; a cycling enthusiast with a background in information technology and an MBA from Massey University, Mr. Zheng conceived the idea for a smart helmet after an accidental fall while riding. This event spurred the mission to integrate traditional safety helmets with IoT technologies to enhance rider safety.
LIVALL's business model is centered on the design, manufacturing, and direct-to-consumer sales of its products, as well as retail distribution. The company primarily serves urban commuters, competitive cyclists, mountain bikers, and, more recently, winter sports participants. Revenue is generated through the sale of its smart helmets and accessories. This is exemplified by its successful launch on HUAWEI's VMALL, which reportedly achieved one million yuan in sales within 15 days. The company ran successful crowdfunding campaigns on Kickstarter and Indiegogo to launch early products and has since secured institutional funding, including a Series A round, to scale its operations.
The core product offering is a line of smart helmets that integrate a suite of features aimed at providing comprehensive rider protection. Key functionalities include smart lighting with automatic brake warning lights and handlebar-controlled turn signals, fall detection with an SOS alert system that notifies emergency contacts, and hands-free communication via a built-in windproof microphone and Bluetooth speakers for calls, music, and navigation. An accompanying mobile application connects the ecosystem, allowing for features like a push-to-talk walkie-talkie function between riders. Holding over 180 patents, LIVALL was among the first to introduce features like turn signals and automatic fall detection to the market. The company is now expanding its product line to include smart ski helmets and gear for e-bikes and e-scooters, continuing its focus on technology-driven safety. Keywords: smart helmet, cycling safety, wearable technology, fall detection, SOS alert, smart lighting, urban commuting, micromobility, personal protective equipment, IoT devices, Bluetooth helmet, cycling accessories, rider safety, connected devices, e-scooter safety, ski helmet, outdoor tech, road biking, mountain biking, hands-free communication