The Flemish bicycle frame manufacturer Rein4ced raises DKK 12 million. Companies

Rein4ced has raised 12 million euros for the expansion of its production facility in Leuven and its team. The young company makes impact-resistant, lightweight bicycle frames from self-developed composite material, and already has several contracts with European bicycle manufacturers. The fresh capital comes from existing investors Finindus, The Innovation Fund, KU Leuven, Gemma Frisius and Capricorn Partners and from two new shareholders: the Flemish investment company PMV and Invest For Jobs (IFJ).

Rein4ced started its production line in 2019 with an ambition to become a market leader with the production of light and durable bicycle frames for the European bicycle brands. It developed a patented solution to a classic problem with carbon fiber reinforced composites: the occurrence of brittleness and the risk of unforeseen and sudden fractures of the material. Feather, the name Rein4ced gave to its own hybrid composite, contains small amounts of steel fibers in certain places in the material. As a result, the new composite material behaves almost like a metal, but has the weight of carbon fiber composite.

Today, bicycle frames are mostly produced in Asia. But corona has tackled the logistics chain in the bicycle industry, which has led to long delivery times. Rein4ced points out that it has already proven that it is possible to return the production of frames to Europe in a sustainable way. “Today, we are still at the forefront of the herd, as we have a technical edge,” reports Michaël Callens, co-founder and CEO of Rein4ced. “But we are aware that the strategic drivers to completely reorient the value chain towards Europe will create an even greater demand, which we must prepare for. To accelerate pedelecs. It is also from these segments that we receive the most inquiries in today and that we can also make a difference with our local production and the innovative material. ”

Callens refers to the Slovak bicycle brand Kelly Bicycles, which collaborates with Rein4ced on an e-mountain bike. “Kelly’s has been one of the first to conduct a thorough evaluation of its product range and its supply chain and realize that in the changing climate, working closely with us provides many benefits,” Callens said.

In addition to technical expansions and improvements, the highest priority for Rein4ced is to attract and develop local talent. The company says it wants to invest further in the team to be able to contribute to the current supply of commercial products, but also to work in the longer term to further upscale the production of bicycle frames in Europe.

Rein4ced started its production line in 2019 with an ambition to become a market leader with the production of light and durable bicycle frames for the European bicycle brands. It developed a patented solution to a classic problem with carbon fiber reinforced composites: the occurrence of brittleness and the risk of unforeseen and sudden fractures of the material. Feather, the name Rein4ced gave to its own hybrid composite, contains small amounts of steel fibers in certain places in the material. As a result, the new composite material behaves almost like a metal, but has the weight of carbon fiber composite. Today, bicycle frames are largely produced in Asia. But corona has tackled the logistics chain in the bicycle industry, which has led to long delivery times. Rein4ced points out that it has already proven that it is possible to return the production of frames to Europe in a sustainable way. “Today, we are still at the forefront of the herd, as we have a technical edge,” reports Michaël Callens, co-founder and CEO of Rein4ced. “But we are aware that the strategic drivers to completely reorient the value chain towards Europe will create an even greater demand, which we must prepare for. To accelerate pedelecs. It is also from these segments that we receive the most inquiries in today and that we can also make a difference with our local production and the innovative material. ” Callens refers to the Slovak bicycle brand Kelly Bicycles, which collaborates with Rein4ced on an e-mountain bike. “Kelly’s has been one of the first to conduct a thorough evaluation of its product range and its supply chain and realize that in the changing climate, working closely with us provides many benefits,” Callens said. In addition to technical expansions and improvements, the highest priority for Rein4ced is to attract and develop local talent. The company says it wants to invest further in the team to be able to contribute to the current supply of commercial products, but also to work in the longer term to further upscale the production of bicycle frames in Europe.

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