Electric foiling surfboard maker Fliteboard has attracted a raft of Australian Rich Listers and business identities, in a series B funding round expected to ramp up research and development and expansion offshore.
“Fliteboard is a game-changing company, with an incredible user experience that’s delivering exciting products and technology to the world,” he said in a statement to Street Talk. The boards, which sell for more than $12,000, rise on an underwater foil as an electric motor silently accelerates it to 45km/h. Batteries are cocooned in the body of the board.
One lawsuit away from liquidation
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