Brembo Invests in US Startup Spoke Safety

Brembo Invests in US Startup Spoke Safety

(Telestock) – Bremboa group listed on Euronext Milan and active in the production of braking systems, is entry into the capital of Spoke Safety, US startup specialized in the development of digital communication technologies between vehicles and the road ecosystem. Thanks to the investment, the financial details of which were not disclosed, Brembo continues its path of strengthening its skills in the field of software and cloud connectivity for the digital innovation of its solutions. In particular, the objective is to facilitate the communication of braking systems with other connected elements of the surrounding environment.

Spoke Safety was founded in Denver, Colorado in 2020. Its solutions are based on Vehicle-to-Everything (V2X) technologya communications system that connects vehicles in real time with other vehicles, with road users, including cyclists, and with smart city infrastructure, such as traffic lights, with the aim of improving the driving experience and promoting greater road safety.

“The investment in Spoke Safety is a further step for us towards the innovation of our braking systems in a digital key – declared theCEO Daniele Schillaci – Our vision for the near future is to make the braking system communicate and interact not only with the vehicle on which it is equipped, but with the entire road ecosystem, including other vehicles, infrastructures and communication networks, for the benefit of a better driving experience and safety”.

Brembo has a research project has already started with Spoke Safety. The collaboration began thanks to the Brembo Inspiration Lab in Silicon Valley, which has among its objectives the search for innovative realities that can contribute to the evolution of Brembo focused on software and artificial intelligence.

Spoke Safety is therefore added to the Brembo Ventures portfoliothe company’s venture capital unit.