Mips
Specializing in helmet safety, Mips uses technology inspired by the brain's low-friction fluid, adding a sliding layer to helmets to reduce energy from angled impacts, improving head protection.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | SEK150m Valuation: SEK1.2b | IPO |
| Total Funding | 000k | ||
| SEK | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 67 % | (7 %) | (37 %) | 35 % | 17 % | 34 % | 27 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 56 % | 44 % | 25 % | 36 % | 39 % | 48 % | 51 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 42 % | 31 % | 18 % | 29 % | 27 % | 36 % | 38 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 4 % | 5 % | 10 % | 8 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Mips AB is a global leader in helmet safety innovation, specializing in advanced protection technologies that reduce the impact of rotational motion during oblique impacts. Founded on more than 25 years of research, Mips developed a patented safety system inspired by the brain’s natural low-friction cushioning, which helps mitigate injuries by allowing a helmet to slide relative to the head during angled impacts. Mips technology is now integrated into helmets across various sectors, including cycling, snow sports, motorcycling, mountaineering, and construction, providing an added layer of safety without compromising comfort or style.
Mips collaborates with over 150 leading helmet brands worldwide, embedding its technology in products for competitive and recreational use. With a strong focus on sustainability, Mips is committed to continuous research and development, ensuring its products meet the highest safety standards and stay aligned with the latest scientific insights. Trusted by consumers and professionals alike, Mips is dedicated to advancing helmet safety and delivering high-quality protection that supports a wide range of activities and industries.
Keywords: Mips, helmet safety, rotational motion, impact protection, patented safety technology, low-friction layer, oblique impact, injury prevention, helmet innovation, cycling helmets, snow sports helmets, motorcycle helmets, construction helmets.
