This funding round has closed
Join a revolution in electric bike technology
304% of minimum goal raised
Lead investor: James Shepherd |
Minimum Target £ 75,000 |
Minimum investment amount £ 3,000 |
Maximum Target £ 350,002 |
Maximum investment amount £ 120,000 |
FreeFlow Technologies (FFT) have developed the world's lightest power to weight E-Bike System, allowing riders to travel faster and further for less effort. At the core of their system is the innovative, patent protected transmission system technology. FFT's E-Bike System technology was invented by Neil MacMartin, founder of FFT, who has had a lifetime in the industry through his family bike business, based in Glasgow. FFT strengthened its engineering team last year and is poised to deliver a market ready product, which will allow it to meet demand from a number of large global bike and automotive brands, in what is a rapidly growing market.
The E-Bike System powers bikes that beat the competition on weight, power, energy efficiency and ride quality, both powered and unpowered. Bikes utilizing the system look better, as the system is fully concealed within the frame. There are further products/IP in the FFT innovation pipeline, including an even lighter, more compact E-Bike System which will be different to anything on the market and offer FFT the opportunity to take market share in the high volume Asian markets as well as Europe. Whilst the core focus is on the E-Bike System, FFT also have the M-Bike, an innovative single speed product that combines the best of fixed and freewheel bikes and has been received well by the trade.
FFT's patented transmission system involves two one directional bearings, allowing electric motor and rider pedal power inputs, which both drive the bike's crank shaft, to be decoupled. This means that if a rider abruptly stops pedaling, or back pedals, there is no risk of damaging the motor. For this reason, a high speed motor can be used that is small enough to be housed in the bicycle frame, allowing the system to be powerful yet lightweight and compact, fully concealed within the frame. Most competitors have bulky external motors and battery packs. The system is patent granted in UK, NZ and South Africa, and patent published in a further 11 territories worldwide, including Europe, USA.
The model is based on supply of E-Bike Systems to bike brands and automotive companies. FFT are also open to licensing their technology to established global brands with manufacturing capability. They are engaged with a number of customers in Europe, US and Asia, with the potential for orders from each in 10,000's of units +.
FFT are aiming for a gross margin of 50%+. Whilst the E-Bike System is their core focus, they have a second revenue stream through their M-Bike (an innovative single speed product). FFT have further ideas coming through their innovation pipeline.
The E-Bike System powers bikes that beat the competition on weight, power, energy efficiency and ride quality, both powered and unpowered. Bikes utilizing the system look better, as the system is fully concealed within the frame. There are further products/IP in the FFT innovation pipeline, including an even lighter, more compact E-Bike System which will be different to anything on the market and offer FFT the opportunity to take market share in the high volume Asian markets as well as Europe. Whilst the core focus is on the E-Bike System, FFT also have the M-Bike, an innovative single speed product that combines the best of fixed and freewheel bikes and has been received well by the trade.
FFT's patented transmission system involves two one directional bearings, allowing electric motor and rider pedal power inputs, which both drive the bike's crank shaft, to be decoupled. This means that if a rider abruptly stops pedaling, or back pedals, there is no risk of damaging the motor. For this reason, a high speed motor can be used that is small enough to be housed in the bicycle frame, allowing the system to be powerful yet lightweight and compact, fully concealed within the frame. Most competitors have bulky external motors and battery packs. The system is patent granted in UK, NZ and South Africa, and patent published in a further 11 territories worldwide, including Europe, USA.
The model is based on supply of E-Bike Systems to bike brands and automotive companies. FFT are also open to licensing their technology to established global brands with manufacturing capability. They are engaged with a number of customers in Europe, US and Asia, with the potential for orders from each in 10,000's of units +.
FFT are aiming for a gross margin of 50%+. Whilst the E-Bike System is their core focus, they have a second revenue stream through their M-Bike (an innovative single speed product). FFT have further ideas coming through their innovation pipeline.