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Delfast – Electric Bike Company

Smart transportation with unique electric bikes

Ukraine, Kyiv city
Market: Auto Maintenance, Logistics and warehouses, Mechanical engineering, Production, Transport
Stage of the project: Operating business

Date of last change: 02.07.2020
Min investment
$  100.000
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Total required
$ 2.000.000
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Idea

Delfast is an Electric Bike Company. Our e-bike is the current Guinness World Record Holder for the longest range. We created the best e-bike in the world. In other words, we are building the “Tesla” among motorcycles.


Current Status

Nov 17: Kickstarter Campaign was successfully finished.
Jan 18: Guinness World Record established.
Sep 18: Bikes delivered to 98% Kickstarter backers. Series A Round opened.



Market

Target market – 128 billion dollars.
(Global Sales per Year (2016) in billion dollars)
2 billion pedal-assisted bikes will be in circulation in the next 30 years.

Over 200 million units are currently in use.

Global electric bike market projected to grow 60+% by 2025.


Problem or Opportunity

Delivery/courier services spend $1700-2500 on fuel for each motorcycle per year.

Individual motorcycle owners spend $400-1000 on fuel yearly and sometimes even up to $2000 depending on the region.


Up to $220 billion is spent on gas by motorcycle owners every year.

Solution (product or service)

We produce custom electric bikes with a range of up to 370 km on a single charge.

We enable the industry to reduce the consumption of gas by 75 billion gallons per year globally and reduce CO2 emissions.

Competitors

Most manufacturers create entry-level bikes that are more of a hobby item rather than a real means of transportation - we compete with them in terms of price while completely outperforming all of them in most areas (speed, range).

Advantages or differentiators

We have a unique symbiotic relationship between our 1-hour delivery service and our e-bikes.
Our couriers drive over 100,000 kilometers monthly, and we collect and analyze the data generated for continuous improvement of our e-bikes.
This knowledge is helping us become the world’s leading electric bike company.

Finance

We're profitable and growing. Our growth rate is 453% per year
Sales Revenue 2018 - $124k
Sales Revenue 2019 - $566k

Business model

1. PRODUCT. We produce & sell electric bikes: $3,900 – $6,900 for the bike.

2. Subscription. All bikes are “smart” and connected to our cloud network.

B2C: 2500+ prospects in our waiting list.

B2B: LOIs for 20 000+ bikes
1. Companies and institutions: Courier Companies, Logistics Operators, Pizza Deliveries, and other last mile delivery services. Police, Medical, Army, Postal Services, and other State Bodies. Electric, Gas, Water, and other Public Utility Services.

2. Distributors. More than 80 queries from distributors in 26 countries.

B2G: Contract with the Mexican Police.
Negotiations with 25 Police Departments in the US

Money will be spent on

Main goal of this fund-raising is to scale up the production by establishing a full-cycle production facilities in Ukraine.

Offer for investor

We are flexible in regards to investment partnerships and can offer various models of cooperation.

Won the competition and other awards

Our bikes are the current Guinness World Record holders for the longest distance travelled on a single charge: 367 km (228 miles).

Invention/Patent

Patenting – 3 patents received, 10 patent applications.
Registered Trade Marks: EU. USA, CIS and other countries
Registered IP rights on software, mobile app, websites & designs.
Registered Domain names
Registered Guinness World Record.

Photos

Photo 1 - Delfast – Electric Bike Company
Photo 2 - Delfast – Electric Bike Company
Photo 3 - Delfast – Electric Bike Company
Photo 4 - Delfast – Electric Bike Company
Photo 5 - Delfast – Electric Bike Company
Photo 6 - Delfast – Electric Bike Company

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video