Beno launches equity crowdfunding campaign to scale next generation e-bike brand

NEW CASTLE, Del. – Sept. 1, 2021 — Delaware startup Beno, Inc. has launched an equity crowdfunding round to build the next generation of electric bicycles. The company is the creator of Reevo, the world’s first hubless e-bike that raised over $5.5M in orders on Indiegogo within 9 months.

According to Alec Lim, CEO and co-founder of Beno, “Our journey started with nothing but a dream – a dream to create the next generation of electric vehicles. A dream to go against the status quo, to design extraordinary things.

Out of that dream came Reevo, our vision for the e-bikes of the future.

Today, we’re taking the next step to build the future of electric mobility.”

Reevo is a next generation e-bike with a jaw-dropping design and premium features. The bike is powered by a one-of-a-kind electronic drivetrain developed specifically to power the iconic hubless wheels. It also features an electronic adaptive pedal assist system that provides algorithmically tailored assistance to simplify daily commutes.

The bike also features a biometric access system, theft prevention with an electronic wheel lock, theft detection with motion detection, and GPS tracking via a chip embedded into the bike. Convenient features such as automatic LED headlamps and turn signal lights also come standard.

Reevo is currently available for sale on Indiegogo (https://igg.me/at/reevobikes/) at $2,398.

Beno is planning to use funds raised to solidify its position as the dominant manufacturer in their niche, expand global footprint, and invest heavily into R&D. This funding round will also enable Beno to continue to push the boundaries of innovation in the electric mobility space.

The funding round is hosted on the Wefunder (https://wefunder.com/beno) platform and is open for anyone to invest in for as little as $250.

About Beno
At Beno, we focus on solving modern mobility challenges through technological advancement. Our mission is to build desirable electric mobility solutions by combining beautiful aesthetics with innovative technology. Starting with pioneering the next generation of electric bicycles. Beno’s footprint include R&D facilities in the US and Malaysia, and a manufacturing arm in Penang (Malaysia) with a growing list of customers in over 70 countries worldwide.

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