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Area 52 aims to bring to market what they believe to be one of world's most advanced strollers; Cyberstroller. In a market worth $3bn and having already secured a LOI for up to 30k units, the team have developed a high-tech stroller in collaboration with one of the world's largest stroller manufacturers.

  • LOI for up to 30k units from Dorel Juvenile
  • Global market worth $3 billion with a CAGR Of 6%
  • Broad patent that can be utilised with other load-carrying devices
  • Project managed by ex-senior Dyson employee of 22 years

Idea

Faced with uneven surfaces and demanding obstacles, the tiny wheels on today’s strollers are ill-equipped to handle most urban environments sufficiently. Outside of cities, they are next to useless, with grass, snow and sand being insurmountable.

In 2016 we recognised that a stroller's performance could be radically improved by completely rethinking the front wheel. The Cyberwheel has been designed in conjunction with Manchester University using a graphene formula for durability, and our selective 3-wheel steering mechanism has been designed to significantly improve stability.

Select a mode on the controller, and the patented Cyberwheel, with its built-in sensors & valves, instantly changes the balls internal air pressure, providing optimum performance across any terrain.

The global baby-stroller market size is valued at $3bn, with technological advancements being recognised as a key growth factor (CAGR = 5.2%). We’ve already secured an LOI for up to 30k units in China, and we’re currently negotiating global distribution agreements with established vendors in America & Europe to help make Cyberstroller become a worldwide success.

We’re currently completing the design for the manufacturing phase and have a broad granted patent for any load-carrying device (wheelchairs, golf carts etc.).

Funds will be used to complete the manufacturing phase and generate pre-sales.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Cyberstroller has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.