A Hungarian start-up has invented an innovative, remote-controlled bicycle brake, which grants parents control over their child’s bike.
MiniBrake allows parents to safely bring their child to a stop from as far as 50 meters away, and will be on sale on the international market by 2018.
The invention came about in 2013 after three college students, Dániel Bognár, Péter Szesztay, and Marcell Szirtes, founded a company with the goal of producing a product that would reach an international market. In 2014, the Prosperitas Proseed Collective Seed Venture Capital Firm, currently run by GB Partners, saw promise in the idea of MiniBrake and helped fund it.
An Irish company that produces children’s sports gear, Yvolve Sports, struck a deal with the makers under which the Irish firm will market and sell the MiniBrake within its own sales network, while working in conjunction with MiniBrake’s founders.
Yvolve is one of the biggest players in the children’s sports gear industry; headquartered in Dublin, it has offices in New York and Hong Kong, and is active in 40 countries worldwide.