Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree
Not Now

This funding round has closed VIEW OTHER OPPORTUNITIES

SWYTCH TECHNOLOGY

Already achieved over £650k in crowdfunding pre-sales. Continuing sales in excess of £80k per month

£ 349,356
0 Days left

87% of minimum goal raised

Lead investor: Startup Funding Club

Minimum Target

£ 399,997

Minimum investment amount

£ 5,000

Maximum Target

£ 749,352

Maximum investment amount

£ 200,000
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Investment Opportunity

Swytch Technology is a hardware startup in the electric bike industry. Swytch are a team of engineers, designers & marketing experts dedicated to bringing exciting new forms of electric transport to consumers. Their objective in the next 3 years is to be THE brand that people associate with the rise of the electric bike as a mainstream form of electric transport. Last year they launched the patent-pending Swytch eBike kit - a conversion kit that turns ANY bike into an electric bike. Swytch plan to penetrate further into the eBike market by expanding distribution of this product, and by launching their pipeline of follow-on innovations, targeting the sharing bike and courier/delivery markets.

THE IDEA
Products & Services

Their core technology is the "Swytch eBike Kit", a conversion kit that turns any bike into an eBike. Simply replace your normal bicycle wheel with the lightweight Swytch hub-motor wheel, fit the patent-pending Swytch Power Pack to your handlebars, connect up and enjoy 250W of pedal-assist power for up to 50 miles.
Pipeline of new products includes:
Project REVO: Hybrid-eBike solution for the cycle-sharing market. Plug in the hand-held Swytch Power Bank to your local share-bike and ride electric up to 10 miles. Project Car-Go: The JEEP of the eBike industry, the first LUV (Light Utility Vehicle) a 2-wheeled passenger cargo-eBike.

Problem Solved

The eBike industry is still very under-developed in the West despite huge political and social interest in eTransport solutions for environmental benefits. Unlike electric cars, eBikes require no new charging infrastructure, are more affordable, and have sufficient range for over 80% of daily trips. But the average price of over £1,000 has so far kept eBikes out of reach of the every-day consumer. Their first product, the Swytch eBike Kit is priced at just £550, and is compatible with over 99.9% of the 1.1 Billion bicycles already on the planet. Swytch's future products will continue to offer customers better alternatives to automotive vehicles.

Revenue Model

The Swytch kit was originally launched on crowd-funding website Indiegogo, selling at a large discount on RRP & taking full payment from customers up front. Since the launch in Nov 2017, pre sales for the Swytch eBike kit are £660,000. Cash raised from these pre-sales was used to set up and complete manufacturing, as well as paying overheads.
They are now manufacturing additional units to be imported and sold at the full RRP (70%) margin.
Once products are in stock, they will be sold direct to customers via online sales channels, and via a network of independent cycle stores (dealers). The current dealer network is 20-strong with over 100 stores interested waiting on stock availability.

Exit Strategy
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The Idea

Products & Services

Their core technology is the "Swytch eBike Kit", a conversion kit that turns any bike into an eBike. Simply replace your normal bicycle wheel with the lightweight Swytch hub-motor wheel, fit the patent-pending Swytch Power Pack to your handlebars, connect up and enjoy 250W of pedal-assist power for up to 50 miles.
Pipeline of new products includes:
Project REVO: Hybrid-eBike solution for the cycle-sharing market. Plug in the hand-held Swytch Power Bank to your local share-bike and ride electric up to 10 miles. Project Car-Go: The JEEP of the eBike industry, the first LUV (Light Utility Vehicle) a 2-wheeled passenger cargo-eBike.

Problem Solved

The eBike industry is still very under-developed in the West despite huge political and social interest in eTransport solutions for environmental benefits. Unlike electric cars, eBikes require no new charging infrastructure, are more affordable, and have sufficient range for over 80% of daily trips. But the average price of over £1,000 has so far kept eBikes out of reach of the every-day consumer. Their first product, the Swytch eBike Kit is priced at just £550, and is compatible with over 99.9% of the 1.1 Billion bicycles already on the planet. Swytch's future products will continue to offer customers better alternatives to automotive vehicles.

Revenue Model

The Swytch kit was originally launched on crowd-funding website Indiegogo, selling at a large discount on RRP & taking full payment from customers up front. Since the launch in Nov 2017, pre sales for the Swytch eBike kit are £660,000. Cash raised from these pre-sales was used to set up and complete manufacturing, as well as paying overheads.
They are now manufacturing additional units to be imported and sold at the full RRP (70%) margin.
Once products are in stock, they will be sold direct to customers via online sales channels, and via a network of independent cycle stores (dealers). The current dealer network is 20-strong with over 100 stores interested waiting on stock availability.

Exit Strategy
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Website

www.swytchbike.com

Location

LONDON

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