Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

This funding round has closed VIEW OTHER OPPORTUNITIES

FREEFLOW TECHNOLOGIES

Join a revolution in electric bike technology

£ 119,923
0 Days left

240% of minimum goal raised

Lead investor: James Shepherd

Minimum Target

£ 50,000

Minimum investment amount

£ 5,000

Maximum Target

£ 119,923

Maximum investment amount

£ 120,000

Investment Opportunity

The $9 billion global E-Bike market is rapidly growing, expanding over 12x in Europe in the last decade FreeFlow Technologies have developed and published a patent for the world's lightest power to weight E-Bike transmission system. Our E-Bike beats the competition on weight, power, energy efficiency and ride quality powered and unpowered

THE IDEA
Products & Services

FreeFlow Technologies (FFT) have developed an E-Bike that beats the competition on looks, weight, energy efficiency and ride quality powered and unpowered. Our E-Bike transmission system is patent published in 14 territories worldwide, including Europe, USA and China. The global E-Bike market is c.$9 billion, with over 30 million units sold per annum. The European market alone has grown over 12x in the last decade. Target customers include leading bike brands, automotive companies looking to break into the space, distributors, retailers and city bike schemes. FFT have a second product line, the M-Bike, which is more energy efficient and user friendly than conventional fixed wheel bike

Problem Solved

FFT's patented transmission system involves two one directional bearings, allowing electric motor and rider pedal power inputs, which both drive the bike's crank shaft, to be decoupled. This means that if a rider abruptly stops pedalling, or back pedals, there is no risk of damaging the motor. For this reason, a high speed motor can be used that is small enough to be housed in the bicycle frame. Most competitors have bulky external motors and battery packs. Vivax have the motor concealed in the frame, however, without transmission system technology like ours, they are limited to using a lower power motor

Revenue Model

Our model is based primarily on white label sales of E-Bikes and electrical transmission systems (ETS) to bike brands. We also plan to sell to bike dealers through distributors, and initially through our own channels as we test the product and market. Our E-Bike will retail at c.£2,500, which is mid to high end compared to competition in the European and US markets. Across all products we are aiming for a gross margin of just under 60% (see accompanying P&L / cash flow doc for detailed margins by channel). We are also open to licensing opportunities, and will explore this during discussions with brands at Eurobike 2016

Exit Strategy
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The Idea

Products & Services

FreeFlow Technologies (FFT) have developed an E-Bike that beats the competition on looks, weight, energy efficiency and ride quality powered and unpowered. Our E-Bike transmission system is patent published in 14 territories worldwide, including Europe, USA and China. The global E-Bike market is c.$9 billion, with over 30 million units sold per annum. The European market alone has grown over 12x in the last decade. Target customers include leading bike brands, automotive companies looking to break into the space, distributors, retailers and city bike schemes. FFT have a second product line, the M-Bike, which is more energy efficient and user friendly than conventional fixed wheel bike

Problem Solved

FFT's patented transmission system involves two one directional bearings, allowing electric motor and rider pedal power inputs, which both drive the bike's crank shaft, to be decoupled. This means that if a rider abruptly stops pedalling, or back pedals, there is no risk of damaging the motor. For this reason, a high speed motor can be used that is small enough to be housed in the bicycle frame. Most competitors have bulky external motors and battery packs. Vivax have the motor concealed in the frame, however, without transmission system technology like ours, they are limited to using a lower power motor

Revenue Model

Our model is based primarily on white label sales of E-Bikes and electrical transmission systems (ETS) to bike brands. We also plan to sell to bike dealers through distributors, and initially through our own channels as we test the product and market. Our E-Bike will retail at c.£2,500, which is mid to high end compared to competition in the European and US markets. Across all products we are aiming for a gross margin of just under 60% (see accompanying P&L / cash flow doc for detailed margins by channel). We are also open to licensing opportunities, and will explore this during discussions with brands at Eurobike 2016

Exit Strategy
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Location

GLASGOW