B.C. Bike

Hydraulic-powered Chain-free Bicycles

Automotive & Mobility Technologies
Non Active, Dec 2023 ceased to operate
Seed Luzit Founded 2014
LinkedIn
Total raised
$2.5M
Last: Equity crowdfunding 2021-01
Stage
Seed
Founded
2014
Headcount
679
HQ
Luzit
Sector
Automotive & Mobility Technologies

About

B.C. Bike is the developer of OYO, a chain-free bicycle that works via hydraulic power. The bicycle's hydraulic system is based on the traditional structure of the bicycle. The rider powers the crankshaft by pedaling, which builds pressure in the connected hydraulic motor. The motor turns the rear wheel, propelling the bicycle forward. OYO's hydraulic system is managed by proprietary technology, delivering a seamless riding experience that automatically adapts to the rider and terrain.

Funding history · 4 rounds · $2.5M total

2021-01
Equity crowdfunding $255K
2019-09
Seed $1.5M
2017-04
Seed $700K
2015-03
Equity crowdfunding $78K

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesUrban Mobility
Target customers
ConsumersTransportation & MobilityBike & Scooter Riders
Business model
B2C

Highlights

1 PatentsVerified

Tags

mobility-optimizationclimate-techsmart-mobilitytransportation