Remember that wild CeramicSpeed Driven drivetrain concept from Eurobike over the past few years? The one with a driveshaft rather than a chain? And a toothed platter rather than a cassette? Now you can invest in it and help it go from research project to reality.
Here’s the short of it: Minimum single investment is $1,000 and anyone can invest through SeedInvest. They’re looking to raise a minimum of $300,000 with a target goal of at least $1 million. Here’s the video pitch:
A couple of things stand out from their offering:
- The drivetrain claims a 98.9% efficiency, which is marginally better than what you’d get out of the most optimized gears+chain setup.
- It’s also more aerodynamic than traditional bicycle drivetrains
- It shifts electronically, with all electronics and moving parts contained within the driveshaft.
- Target OEM price is claimed at $1,400-$1,600. Assuming a complete Dura-Ace group’s OEM pricing is half that (we’re guessing), it would likely add about $1,500-$2,000 to the price of a bike compared to a comparably equipped top-level bike with Dura-Ace, Red AXS eTap, etc.
- This is a SEC-regulated investment opportunity where you will purchase equity in the company, and SeedInvest vets all companies before allowing them to post to their site. You do not need to be an accredited investor to participate, but like any investment you should only invest money you can afford to lose.
CeramicSpeed has spun off Driven Technologies as a separate company, with their CTO Jason Smith taking over as CEO of Driven. So far, they’ve partnered with Canyon and Specialized to develop prototype frames around the driveshaft design.
They’ve tested it in Specialized’s Win Tunnel to prove its aerodynamic benefits, too.
- SeedInvest page with a downloadable pitch deck
- CeramicSpeed’s official product page
- Eurobike 2018 launch coverage
- Eurobike 2019 tech coverage (shifting prototype, closeup photos)
What do you think? Is this the future of bicycle drivetrains? Would you invest in Driven’s alternative to bicycle chains and gears?