Inboard Technology, a Santa Cruz, Calif.-based creator of an electric skateboard, closed a $8m Series A funding.
The round, which brought total raised to $11.7m, was led by Upfront Ventures, with participation from LION Smart and Sunstone Capital.
Founded in 2014 by Ryan Evans and Theo Cerboneschi, Inboard Technology creates an electric skateboard with a battery that swaps in seconds for unlimited range, and dual in-wheel motors for no-maintenance operation.
The M1 is available online at https://inboardtechnology.com, Amazon.com, over 200 Best Buy locations, and many specialty retailers throughout the U.S. and Canada.
In Europe, the M1 is available through a network of dealers supported by Aqipa Europe (Aqipa.com).