Sponsored by Centaur Robotics
Centaur Robotics has created a stunning personal electric vehicle for 10 per cent of the global population who cannot walk 400 metres without assistance.
The Centaur is a self-balancing, two-wheeled vehicle which will be on the market in the second half of 2024.
Retirement communities, a hotel group and airports are lined up to pilot the Centaur. It has already notched up numerous awards and accolades.
Two Wheels Good.mp4 from Centaur Robotics on Vimeo.
As a reader of UK Investor Magazine, you can now join Centaur Robotics’ growing list of investors and share in its future. See the company’s Seedrs campaign here.
Created by Paul Campbell, former Ford Motor Co global chief commercial vehicle designer, the Centaur is modelled on a dining chair. Paul witnessed his ageing father’s frustration with a traditional wheelchair and designed something beautiful that riders could be proud of.
The Market
The Centaur spins in its footprint, fits narrow doorways and raises the user to eye-level. It is easy to operate and has been developed with constant feedback and input from potential customers.
The miracle of modern medicine means people are living longer. But this means more people are living with long-term conditions. Mobility is fundamental to people successfully ageing in place, a global priority for individuals and governments.
This global market is estimated at about £7 billion.
Centaur Robotics already has £298,000 worth of reservations from consumers and Letters of Intent have been received from the following businesses:
- Riverstone, retirement living operator backed by Goldman Sachs
- The ExtraCare Charitable Trust, leading innovator in retirement living
- Retirement Villages Group
- The Vale
- Hotel Brooklyn, UK’s most accessible hotels
- 8 Northumberland, London’s most central event space.
Award winning product flying high
Discussions are also underway with Dubai International Airport, Heathrow and Singapore Changi Airport to help the aviation industry cater for the growing numbers of passengers with restricted mobility.
The Centaur has featured in exhibitions at the V&A in Dundee and London’s Design Museum and also won the 2023 People’s Choice Award at the Travel Ability Summit’s InnovateAble competition. It was an Aviation X Lab finalist, where it was presented to Emirates airline’s chairman, HH Sheikh Ahmed bin Saeed Al Maktoum.
Centaur Robotics was awarded three Innovate UK grants, a grant from the Royal College of Art’s Design Age Institute Mobility Pathfinder programme. You can see a video of the Centaur here.
The company is fast approaching its target of £750,000. A venture capital fund backed by the British Business Bank has now committed £500,000 to Centaur Robotics. Existing and new sophisticated investors have invested a further £185,000. Join them and invest via Seedrs in Centaur Robotics and the future of mobility.
Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. Seedrs does not make investment recommendations to you and any investment decision should be made on the basis of the full campaign. No communications from Seedrs, through email or any other medium, should be construed as an investment recommendation.
