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MIPS - About the company

MIPS is a public company based in Stockholm (Sweden), founded in 2001. It operates as a Developer of helmet safety systems designed to reduce rotational motion.

Company Details

Developer of helmet safety systems designed to reduce rotational motion. The system complements helmets with a low-friction layer. This layer is designed to move slightly upon impact. The movement helps redirect rotational motion away from the head. The intention is to reduce the risk of brain injuries. The system is available across various helmet types.
Social
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Email ID
*****@mipsprotection.com
Key Metrics
Founded Year
2001
Location
Stockholm, Sweden
Stage
Public
Investors
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2023
Employee Count
116 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

MIPS's IPO details

MIPS got listed on Mar 13, 2017.
Click here to take a look at MIPS's IPO in detail
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MIPS's funding and investors

MIPS is a funded company. MIPS has 4 institutional investors.

MIPS's founders and board of directors

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Here are the details of MIPS's key team members:

MIPS's Board of Directors

MIPS's board has 11 active members. Johan Hedlund, Max Strandwitz, Karin Rosenthal, Cedric Marmeys, Fredrik Kjellberg and Magnus Welander are part of team and Jenny Rosberg, Jonas Rahmn, Maria Hedengren, Anna Hällöv and Thomas Bräutigam are independent board members.
Here is the list of MIPS's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
-
stxsldu
Team
-
Current
9y 7m
tpcu{xy
Team
-
Current
3y 1m
qcmlzzd
Team
-
Current
7y 2m
edxzsnd
Team
-
Current
5y 8m
vlgfcmh
Team
-
Current
5y 6m
Independent board member
-
Current
-
zaheady
Independent board member
-
Current
2y 3m
hzombve
Independent board member
-
Current
3y 6m
djmh{gm
Independent board member
-
Current
8y 3m
ewse{ho
Independent board member
-
Current
6y 4m

MIPS's employee count trend

MIPS has 116 employees as of Aug 26. Here is MIPS's employee count trend over the years:
Employee count trend for MIPS
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MIPS's Competitors and alternates

Top competitors of MIPS include HUDVY. Here is the list of Top 10 competitors of MIPS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MIPS
MIPS
2001, Stockholm (Sweden), Public
Developer of helmet safety systems designed to reduce rotational motion
-
39/100
2nd
Logo for HUDVY
HUDVY
2017, Solna (Sweden), Deadpooled
HUD technology for motorcycle helmets
-
-
14/100
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MIPS's Investments and acquisitions

MIPS has acquired 3 companies including Koroyd, Glidewear and Fluid Inside. MIPS has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 15, 2025
Acquisition
2010
Monaco (Monaco)
Jun 25, 2019
Acquisition
Blaine (United States)
May 22, 2019
Acquisition
2016
Boston (United States)
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Reports related to MIPS

Here is the latest report on MIPS's sector:

News related to MIPS

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•
MIPS Reports 40% Year-Over-Year Sales Increase in Q1 2024Bicycle Retailer•Apr 24, 2025•MIPS
•
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Sports category drives MIPS' 31% net sales growth in Q2Bicycle Retailer•Jul 18, 2024•MIPS
•
Mips sees sales down 35% in Q1’s soft bike marketCyclingIndustry•May 03, 2023•MIPS
•
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