Vicis lands $15M to spice up manufacturing of high-tech soccer helmets and develop past gridiron – GeekWire

The Vicis ZERO1 helmet. (Vicis Picture)

Vicis, the Seattle-based firm identified for high-tech helmets used within the NFL, NCAA, highschool and youth soccer, has raised an extra $15 million, bringing its complete funding to $70 million in its quest to scale back the danger of head accidents from the gridiron to the battlefield.

The brand new funding was led by traders together with former NFL quarterback Roger Staubach; media, auto and sports activities magnate Pink McCombs and Cincinnati Reds minority proprietor Harry Fath, in accordance with an organization consultant.

Vicis confirmed the brand new funding spherical Thursday afternoon after GeekWire noticed an up to date regulatory submitting from the corporate. The submitting provides a bigger quantity, which incorporates earlier funds raised. The corporate stated $15 million of the funds are a brand new Collection B spherical.

“We are going to use this new funding to scale the enterprise,” Vicis CEO Dave Marver stated by way of e mail. “We have been overwhelmed with orders for the ZERO1 this season and want to extend manufacturing capability to fulfill demand going ahead. We may even use the capital to proceed our work to develop improved helmet expertise for the US navy. Lastly, we'll use the capital to enter different sports activities and classes.”

Vicis CEO Dave Marver. (Picture by way of Vicis)

The $950 ZERO1 helmet is engineered with a number of, specialised layers designed to mitigate impacts believed to trigger concussions. The corporate’s web site says present orders could also be delayed till Sept. 30 due to excessive demand.

Earlier this yr, Vicis stated it had acquired orders from all 32 NFL groups, greater than 90 NCAA applications, and greater than 500 excessive colleges. Its ZERO1 helmet was one among Time Journal’s 25 Finest Innovations of 2017 and positioned first in the NFL’s current helmet security check.

Vicis spun out of the College of Washington in 2014. The corporate introduced a contract with the U.S. navy in Could to enhance the protection of Military and Marine Corps fight helmets, half of a bigger effort to develop into new verticals.

Present traders embrace Seahawks quarterback Russell Wilson; distinguished backbone and neurological surgeons; angelMD; W Fund; Alliance of Angels; and Trilogy Fairness Companions. The corporate was a finalist for the {Hardware} of the Yr class at this yr’s GeekWire Awards.

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