***Update***
Our funding campaign is over, we've reached our maximum funding target of 5,000,000 NIS.
If you're interested in future investment, please contact us with your details at eran@chainfreebike.com
Thanks.
About Us
BC Bike is an Israeli startup company founded in late 2014.
Our system
has brought about the ultimate, modern two-wheeled transportation mode, free of
the existing constraints found in the classical drivetrain model – a bike
that’s easy to use, safer, maintenance-free and provides an innovative and
exclusive riding experience.
Our investors will enjoy the opportunity of getting the OYO bike from the first production series, at cost, and will be the first in the world to try them out.
BC Bike’s Vision and Business Model
BC Bike’s vision is to change the bicycle market and become the leading manufacturer of hydraulic and hybrid drivetrain systems (hydraulic combined with an electric motor). To this end, BC Bike has developed an innovative, technological product that differs from existing solutions found in the market. The company believes it has the potential to change the very core of the bicycle market.
Urban transportation in the Western world is rapidly developing and is becoming increasingly dependent on electric bicycles, bicycle-sharing and other solutions. However, the basic technology of bicycle drivetrains has not changed in decades, and the significant disadvantages of chain and gear drivetrain systems have not been properly addressed and solved.
The Market and Market Potential
* Data until 2016 is taken from CONEBI – Confederation of the European Bicycle Industry. Figures for 2017 and later represent the company’s forecast, which assumes a constant rate of growth.
Our Product: OYO
OYO provides a riding experience offering maximum enjoyment and requiring minimum maintenance. The bikes offer great advantages in daily use and revolutionize the riding experience.
The Benefits of OYO
Continuous instead of regular gears:
ChainFree = ZERO MAINTENANCE:
Smooth and easy cycling:
Convenience:
Inside the OYO
Hydraulics: in OYO we replaced the chain and gears with a system that drives the wheel by a hydraulic pump and motor.
Electric: the electric system works in synchronization with the hydraulic motor and the continuous transmission in order to best utilize the cycling range and provide a smooth, complete and enjoyable riding experience.
Who are Our Competitors?
BC Bike has developed a unique, breakthrough technology in the field of bicycles which (to the best of our knowledge) does not exist and is not currently being developed anywhere in the world. There are several partial solutions available on the market for replacement of the chain and for continuous and automatic transmission, but BC Bike’s system is the only solution that includes all the advantages and allows for a unique and completely smooth riding experience. The company’s competition will be the existing chain technology. As the company is introducing an entirely new technology, it can be expected that other companies will attempt to develop competing hydraulic technologies in the future.
Competitors’ Solutions
BC Bike’s relative advantage
Other companies have developed different solutions to compensate for the disadvantages of the chain, but only BC Bike has successfully managed to combine all of these solutions.
The Challenges We Face and Our Progress To Date
The Opportunity – Why Should You Invest in the Company?
BC Bike offers a revolutionary technological solution in a vast market that continues to grow and expand. The innovative technological solution corresponds with health, environment and leisure culture trends. An investment in BC Bike is an investment at the onset of a revolution.
General Business Plan and Plans for Capital Raised
The company is raising capital in order to complete development of the prototype model of bicycle that can be sold, present it for regulatory and quality testing and establish production lines.
Stages:
Market Penetration Strategy
Capital Raising History
From the beginning, the company has had about 18 investors who believes in its technology and the team. Some of the investors have already invested in the company several times. It is thanks to them that we have reached this stage. To date the company has raised about NIS 5.5 million.
Patents / Unique Technology
BC Bike develops unique, patent-protected knowledge (patent pending). At the core of the company’s development is a hybrid drivetrain system that combines vast knowledge in all aspects of hydraulic / electric drivetrains and is backed up by an international patent (patent pending).
Company Employees and Other Operational Information
Media
Investors
Dan Arieli
Busco – Dutch investor
Zohar Gillon
Gabi Birmberg Ltd.
VMV Industries Ltd. (Zvi Yemini)
Joshua Levinberg
Yoel Gat
Net Cloud Ltd.
Ami Shanan
Netanel Katz
Einat and Avinoam Sapir
Fundit Ltd.
Binyamin Hadar
Zvi Lieberman
hmuel Huppert
Taga Innovations Ltd.
Ziv BroshAvidor-Berdichev-Gazit, the company’s accountants
Meitar Liquornik, the company’s attorneys
The mind and drive behind OYO. Ziv thrives on new ideas that change the way we do things. A serial entrepreneur, Ziv is a pioneer of ultra light airplanes and high rise evacuation systems, amongst other interesting projects. 30 +yrs ’ management experience.
30+ yrs ’ Managerial experience as CEO of international companies incl. Strauss, Maabarot Group, Bagir Group. Former board member of WQA. MBA Hebrew U; Advanced Business Course Harvard
Product Manager and Art Director with over 10 years' experience in product design and R&D projects. BA Industrial Design Shenkar .
10+yrs ’ R&D experience in multi disciplinary products in leading technologic companies incl. Rafael, Ormat and Zivav Engineering. BSc. in Mechanical Engineering Technion.
The company’s accountants
The company’s attorneys
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