For Mellow Boards, 2016 starts with a funding into the millions
The Hamburg (Germany) based e-mobility startup Mellow Boards starts after its successful second round financing with some tailwind into the new year. Their development and production partner TQ Systems invests 1.5 million Euros and thus secures the funding from the technical side to the production stage. In Munich the Mellow founders Johannes Schewe (CEO) and Kilian Green (CTO) signed the contract of participation with TQ Systems founder Detlef Schneider.
In spring 2015 Mellow Boards already caught some attention on Kickstarter, the worlds biggest crowdfunding platform. Their compact electric drive, that can be mounted on any skateboard within minutes got funded with over 300,000 Euro. That’s probably because the concept of a drive that can turn any normal skateboard into an electric board is absolutely unique. In contrast to their international competition of e-boards the guys from Hamburg focus for the development on high quality “Made in Germany.”
At the beginning it was just the search for the Endless Ride that drove the team, all boardsport enthusiasts, forward. The possibility to enjoy the riding pleasure of surfing and snowboarding every day in the city. But quickly it became clear, that a compact electric vehicle, with such high-quality standards has a lot more potential. Kilian Green (CTO): “Besides the fun factor, Mellow Boards has the potential to change the way we think about urban mobility.”
After the presentation of their final design for the Mellow Drive in the beginning of December the next milestone on the way to the serial product wasn’t long to come. By signing the participation contract the Mellow Boards GmbH successfully closes their series A for the development and production phase. With a strong partner like the TQ Systems Group, chances are high that the targeted shipping date of September 2016 can be met.
The company TQ Systems is a leading German electronics provider, who stands for highest quality in drive technology, for automotive but also aerospace. Just recently they got awarded by the readers of the journal Markt&Technik in three categories as Best EMS 2015.
“That was our Christmas present to ourselves.” Johannes Schewe (CEO) comments the closing of the contract. “You need more than money to launch a product like this. Money gives you planning security, but for us it’s even more important to have a partner on board who believes in our vision and delivers exceptional quality over the past 20 years.”
Right now the startup is still looking for more strategic partners, especially a strong distribution partner. Apart from that Mellow Boards is always happy to exchange with anyone who is interested in the topic of Smart City and sustainable transportation.
// MEET MELLOW BOARDS //
Who wants to get an idea of Mellow himself can meet the team and their revolutionary drive from the 24- 27 of January in Munich at the ISPO, the world’s biggest sports fair.
The Mellow stand is located in the Longboard Embassy, hall B6, stand 133.
// MORE ABOUT MELLOW BOARDS //
Mellow Boards was founded by Johannes Schewe and Kilian Green in January 2015 to provide the best electric skateboard drive in the world. With their mountable electric drive “made in Germany” they have become pioneers in the market. The startup gathered more than 300,000 Euros with their crowd funding campaign on Kickstarter, as one of the first German companies. Their technology partner TQ System joined the company in the beginning of 2016. With a headquarter in Hamburg and production facilities in the south of Germany the company works with a team of 18 employees spread out through Europe. For more information visit www.mellowboards.com.
// PRESSKIT //