Ukrainian e-bikes company Delfast raised $3.4 million during the crowdfunding campaign with the goal of $3 million on Fundable, the largest crowdfunding platform helping small businesses raise capital.
Now the company plans to construct the R&D center that will satisfy the rising demand for electric bikes and fulfill the requests Delfast already received, meaning the letters of intent worth $100 million.The company experienced a 405% increase in sales in Q2 when compared to Q1 and a 222% increase over the last three months. The most recent data shows sales grew up to $2M this year, while 2019 reached its maximum at $552K.