Mean e-motorbikes get investment

Lithuanian extreme performance electric motorbikes Neematic have raised 200,000 euros seed investment from Practica Seed Capital, a fund managed by Practica Capital.

The first version of the bike – FR/1 – offers top speeds of 100 km/h, and a range of 50-100 km.

“We wanted to create a top performance e-bike for rough terrain. Most importantly, we’ve been able to integrate the motor in the frame and remove the unsprung mass in the rear wheel. It is this weight distribution alongside the bike’s immense torque that puts Neematic at the frontier of high-performance e-bikes,” said Domas Zinkevicius, co-founder, and chief engineer.

Initial design and engineering for the bike were commenced in early 2014, with Neematic then being established in 2015.  Neematic is to launch a pre-order campaign for FR/1 next year and has a limited number of bikes available for early adopters this fall.

Source: http://arcticstartup.com/article/mean-e-motorbikes-get-investment/

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