Unbelievable - a total of 296 investors are convinced of NOX and our EPIUM and provide us with crowdinvesting capital of an incredible 916,200 euros! This means that the total crowdinvestment is almost 5x as high as originally planned and will now give our competitiveness a real turbo boost!
We would like to thank all investors and are looking forward to using the capital to finance and to deliver the first EPIUM bikes soon!
How exactly will the crowd capital be used?
First and foremost, this crowd capital will be used to purchase components for a total of 435 planned EPIUM bikes from suppliers such as Porsche eBike Performance, Fox Factory, DT Swiss and CarbonTeam, with whom specific purchasing agreements have already been made.
In addition, the crowdinvestment will be used for marketing and sales activities and provides an additional liquidity reserve. A large part of the planned EPIUM units has already been pre-ordered by NOX specialist dealers.
In detail, the use of funds from the crowdinvesting provides for the following measures:
- Components purchasing for the EPIUM 79%
- Marketing and sales 16%
- Liquidity reserve 5%
All detailed information can still be found on our Conda Crowdinvesting campaign pages:
Thank you for your investment!