Open Projects
50 Rebels II
Share
75.000 €
100% funded by 692 investors
instalment
monthly
term
3 years
yearly interest
6.25%
risk rating
C+
50 Rebels is a Portuguese e-bike manufacturer with a mission to bring sustainable and innovative transportation solutions to the world. As a brand that keeps as much of its value chain in Portugal as possible - from design to assembly - they are committed to strengthening their headquarters in Torres Vedras to continue innovating in e-bike manufacturing.
This is the promotor's second campaign, after successfully funding €50,000 to produce a dedicated fleet of 50 Rebels bikes to transform the daily commute of employee communities from different organizations (50 Rebels I).
The promotor is now seeking working capital to support the acquisition of production materials, among others:
Direct
Indirect
The loan is expected to be repaid using revenue from the company's regular operation and sales. Additionally, the funds will be invested in projects that might unlock further R&D funding and access to the Speed-Pedelec market, increasing their target market size.
Download Key Investment Information Sheet
Pledge from the majority shareholder - Andreas Koloska
50 Rebels Company, Lda has been producing electric bicycles in Portugal since 2020. Their small but dedicated team of 7 has been conquering Europe from their headquarters in Torres Vedras (Portugal) with their unique bike design and strong branding. From their very beginning, 50 Rebels pledged to locally produce as many products and pre-products as possible. This led to frame manufacturing in Anadia, seat manufacturing in Famalicao, and rack manufacturing in Torres Vedras. Committed to making its products more sustainable, 50 Rebels is introducing a circular lithium battery usage scheme in 2023 with partners in Portugal and France.
This small and unique Portuguese company wants to continue to help change urban mobility in Europe by reaching people that haven’t been in the bicycle market before. The recent launch of the V-Series, 50 Rebels' second product series, is continuing to change the perception of what electric bicycles should look like and make urban and suburban riding easier, safer, and more fun.
The promotor produces high-quality bikes in Portugal that are especially suited for hilly areas with tough roads, potholes, and tramlines. The design and specifications of 50 Rebels bikes have been successfully introduced in several European countries through an e-commerce strategy and selected partners. At the brand's core, there stand flagship stores and shop-in-shops in cities such as Amsterdam, Berlin, Porto, Valencia, Zurich.
With more than 8 years of retail- and customer support experience in Switzerland, Norway, Denmark, and South Africa, it was time to put her experience to work: in 2019, Anna co-founded 50 Rebels with Andreas and made it what it is today: a customer-focused electric bicycle brand.
After 15 years in Marketing Management and Business Development, this 36-year-old Swiss moved to Portugal to start up his own business. Coming from Copenhagen he saw the possible symbiosis of the bicycle-producing country Portugal and the invention of moped-style e-bikes and made it happen: a Portuguese e-bike brand that takes on the European market and keeps the added value in Portugal.
50 Rebels began as an electric bicycle company with a pure direct-2-consumer strategy through its strong e-commerce presence. Towards the end of the Covid-pandemic, they started to mix it up and added a b2b-retail model to their European distribution strategy as well as a stronger presence in the Hotel and Tourism sector in their home market in Portugal. In 2022 the sales are approximately equally distributed between D2C and B2B sales making them more resistant to market disturbances.
As an organization 50 Rebels focuses on vertical integration as much as possible, leading to the control of manufacturing, assembly, and distribution, ending in a favorable gross margin and strong brand security. With the opening of flagship stores (Porto, Valencia, Torres Vedras) or shop-in-shops (Zurich, Paris, Berlin, Amsterdam, Mallorca, Madeira) the control of the value chain is being extended every year.
Most 50 Rebels bikes are sold in Portugal, France, Germany, and The Netherlands.
Active since
2019
Fiscal country
PT
Operating In
Portugal and the EU
Industry
Mobility
Number of Goparity Loans
3
Women Shareholders
Yes
Website
https://www.50rebels.com/2024-10-31
50 Rebels has completely employed the funds from this loan to improve their production capacity. The promoter has centralised their warehouse in Torres Vedras, Portugal, installed their own assembly capacities, and launched a new bike model focused on families and their cargo-needs.
With the increased working capital from the loan, 50 Rebels could strengthen partnerships with local suppliers and start preparing to further increase the warehouse into a service-, assembly & logistic hub. The promoter was also able to hire young local employees and give them their first job opportunity in a modern and future-oriented industry.
It resulted in reaching 100% of accessories made in Portugal, and rising the value added with Portuguese companies in each bike from 30% to 40%.
50 Rebels is launching a third fundraising campaign to source the bikes’ batteries also directly in Portugal, reaching 67% of added value with Portuguese companies, per bike. Check it out at 50 Rebels III.
2023-06-27
First instalment was paid to all the investors
2023-05-09
This campaign is open for investment