Superstrata Completes Fulfillment of 96% of Crowdfunded Carbon Fiber Bikes Business Wire HO CHI MINH CITY, Vietnam–(BUSINESS WIRE)–Feb 24, 2023–
Following two years of anticipation, carbon fiber pioneer Arevo announced the successful fulfillment of 96% of their Superstrata-branded custom carbon fiber e-bikes. The Indiegogo crowdfunding project launched in a pre-Covid 2020 and quickly gained more than $7 million in donations.
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Superstrata Completes Fulfillment of 96% of Crowdfunded Carbon Fiber Bikes (Graphic: Business Wire)
“When we started this journey more than two years ago, we expected fulfillment to take months, not years,” said Arevo CEO Sonny Vu. “We never imagined our campaign would receive 72 times the support we expected – or that a global pandemic, war, and economic downturn would follow. Today’s outcome was only possible because of our backers’ faithful support and our team members’ unstoppable commitment.”
While the intervening period saw other companies dissolve and crowdfunding campaigns disappear without fulfilling perks, Superstrata trimmed expenses and prioritized perk fulfillment above all else. When local shutdowns closed city streets, 150 factory workers and professional staff volunteered to move into the factory for three months to continue production.
Such determination paid off. Harnessing the unique power of additive manufacturing for continuous improvement without retooling, Superstrata’s weight and quality improved with every batch. Feedback from early backers improved the rider experience as the e-bike’s frame weight fell to just 1.5kg (before battery, motor, and components).96% of Indiegogo backer perks have now been fulfilled, totalling 3,301 […]
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