I wanted to reach out to personally invite you to an exclusive investor webinar Veer is hosting next Tuesday, September 21st at 10 AM PST / 1 PM EST. 

In the webinar, I will be answering questions about Veer, our Split Belt™ technology, and our crowdfunding campaign on StartEngine as a whole!

As a token of our gratitude, we want our one hour conversation to be an opportunity for your investment questions to be answered, and to learn more about how we plan to revolutionize the bike and LEV markets. 

 Save the date, and sign up here! You don’t want to miss this one.

Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Dear Partners,

Kelly and I are both happy and a little sad to be leaving the Eurobike 2021 Global Show, the largest gathering of bikes and bike nerd professionals on the planet. We got six new OEM bike brands on board who want to set up samples of Split Belt on their bikes! That's plus the five brands we've partnered with in the last couple months, and twenty more that are still in evaluation.

The next step is usually pilot orders for a test run, then full series production.

Another highlight was meeting with existing partners, and all the wheel hub and e-bike motor brands that we are integrating with, making sure Split Belt integrates seamlessly with other components on the market. 

It's been inspiring to see how many products and ideas made it to the show, even if it was much smaller than in the past (due to pandemic). This will be the last show at this airport-turned-convention center, and we’re excited to be at the next one in Frankfurt, Germany in June 2022.

Here is our mugshot, glad and relieved Germany let us through the border.

Thank you for your support and your investment, it means a lot to have people believing in this as much as we do. 

All the best,

Sean Hacking

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

Dear Partners,

Two days ago, our COO Kelly Burr and I made the long journey to Southern Germany to visit the largest cycling trade show in the world: Eurobike (where we won an award for top startup a couple years ago).

Why, in this era of Covid and Zoom, would we make such a trek?

Even after recently closing four OEM deals without holding a single meeting in person, I can tell you that Face to Face is not dead, and I'm OK with that. (Covid tests, vaccinations, and masking are required to visit).

We are meeting some of these large customers for the first time here! We are also meeting parts vendors, collaborative partners, and new potential customers. Pitching product managers on the spot, and already have a bunch of new requests to test samples.

Since it was formed, the Eurobike show has always been a place to feel the pulse of the European market. You can wander the massive halls of an old airport and bump into people, products, and ideas you would never see online. Chance encounters and introductions are common. Plus, Europe is not too bad to visit!

And that's why these events are still a key component of our customer acquisition and business development strategy. Digital can be amazing, but it's still not immersive. You can't drink beer from the same tap while getting sunburned by the same Sun together. And oddly enough, that shared sunburn matters a whole lot.

Keep an eye out for more video stories we're sharing from the show! It's fun to see the latest in bikes and all kinds of crazy mobility solutions.

Best,

Sean Hacking

Dear Partners,

I'm amazed to report that over four hundred forty of you have showed your belief in our mission by making an investment. This has brought us to an occasion worth celebrating: $400k raised, and still growing! 

I'm also amazed to see how many of you are investing again to up your ownership, sometimes even with three investments! This is one way you can continue to help make this crazy dream reality. The more shares you own, the larger potential returns, and every dollar goes to accelerating our push to build new partnerships and develop the next generation of electric drive solutions.

(If you haven’t upped your investment yet, it's super simple using your existing account and credit card).

A second way you can help is to invite friends to invest alongside you (I know a lot of you have also done this, cool)!

Finally, you can help by sharing bike brands you'd love to us partner with by leaving a comment on the campaign page! It's the best way to keep in touch, and for us to get feedback about what you see for VEER in the future.

Hope you're having a great Summer,

Sean Hacking

Founder & CEO

Dear Partners,

I'm quite excited to give you an early peek into our latest OEM deal! 

(With a very unusual origin.)

March 2020, and the first COVID shutdown orders are crippling economies in the US and Europe. French entrepreneur and strategist Emmanuel Nizard hatches a wild plan.

The supply of medical masks is backed up everywhere, and almost entirely dependent on Chinese production that has also ground to a halt from lockdowns. France has 100 million masks stockpiled, only enough for 1.5 masks per citizen, and practically no domestic production.

Even if the French Government wants to issue a mask mandate, there are simply not enough available in the world for this to be practical.

By March 31st the death toll in France tops 3,000, and President Macron issues a plea for domestic manufacturers to re-tool for protective equipment, with a goal of boosting production from 3.3 million to 40 million masks/week.

Luckily, Nizard already has this wild plan in motion. In just two months, he starts the company Le Masque Francias, hires 150 people, and tools up a factory in Vélizy that can now produce over 400,000 masks every day. 

Obviously, demand for masks swings wildly depending on the current state of infections, making the future of this assembly line uncertain. But building self-sufficiency in critical industries while reinvigorating domestic manufacturing is a French ideal Le Masque Francias intends to uphold. 

And now, Mr. Nizard is betting he to do the same for local transportation as he has for protective equipment. How? With a new E-bike, of course.

Global supply chains are still out of whack, and the bike industry is no different. So Le Masque hunted us down because they know we do what it takes to deliver the highest quality drives about 5X faster than other major players. 

Veer will be the exclusive launch supplier for Le Masque's urban e-bike, and I'm excited to belt them up for this next wave of (much more positive) change. 

Why? There's a couple reasons:

I'm fired-up about supply chain and building in resiliency. Veer is currently "onshoring" more of our production in an effort to speed up manufacturing, lower environmental impact and risk of delays, and maintain fantastic quality. I'm not nationalistic, but I sure do love supporting American manufacturing and jobs while lowering the carbon footprint of our products. 

The leadership at Le Masque Francias are amazing at sourcing and at tooling up production very quickly, which is great to watch and work with, despite the aggressive timetables we are under.

I'm also fired up about all this new bike infrastructure I'm seeing everywhere, and apparently so is France. For example, Paris is currently removing 70% of street parking to install 1,400 km of bike paths. Infrastructure like protected bike lanes make the difference between Biking: a dangerous hobby and Biking: a safe, essential tool. 

Is it working? Looking like it: the number of Parisian cyclists is up over 70% from last spring, with 15% of all trips made by bike in the French capital. 

Biking around European cities happens to be one a of my favorite things to do, so this is dang cool. What else is cool is that soon, you'll be able spot a genu-wine Split Belt in the Wilds of France, making someone's commute safer and more joyful.

Don't Panic,

Sean Hacking

Founder & CEO

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

Dear Partners,

You rock. 

Investments on Start Engine have helped us begin implementing Part Deux of our plan of Domination: becoming a trusted supplier to manufacturers like bike brands and assembly factories. We've validated our products selling direct to consumers and distributing aftermarket, but selling in high volume requires Split Belt be sold on new bikes and light vehicles.

Our market timing is good. In six weeks we forged deals with four different brands, are working on deals with four more, and have strong interest from about ten beyond that. 

This is the demand we were looking for, but has caused an unexpected challenge: to fill these orders, we are buying up the entire world's supply of certain materials for the belts. I wish I were joking, but the global supply chain is a mess right now and that's starting to catch up with us.

So far, it's looking like we'll be ok for on-time delivery. But if demand keeps up like this, we will have to bump up our plans to vertically integrate our belt supply, utilizing new designs. This could be tough to pull off quickly, but will be very cool as well.

Excited for growth! And for solving the challenges that come with it. We will announce details of these partnerships when our the brands we are working with are ready to start marketing the latest models.

Be well,

Sean Hacking

Founder & CEO

Dear Partners,

Some armchair engineers have commented that Split Belt looks similar to some other belt drives, so it must be a simple step to add the V-Link Belt Splice.

Is this true? I wish this were true. The reason we produce the only Split Belt isn't because nobody has thought of a detachable belt, but because it's really, really hard to do right.

We had to develop our own innovations over years of development in order to exceed ISO test standards with a durable compact system that could be mass-produced.

In fact, based on our testing Split Belt is the world's strongest belt and belt link (on a per-width basis in this size class).

We just filed application 68218399 with the US Patent and Trademark Office to protect additional innovations in Split Belt, including in specifics of the V-link splice shape, position of the pins, and the ability to build up different sizes of belt from shorter "modules" in a multiple-split belt configuration.

Intellectual property is an important part of our strategy to dominate in drive systems for bikes and vehicles, see we're excited to expand our IP portfolio and make it that much harder for copycats to cause trouble!

That said, this is not yet a patent "grant", a finalization that can take four to five years on average to reach. In the mean time, we can tell any would-be infringers that they risk legal trouble if they continue producing counterfeits.

Here's a little preview of one of the figures in the filing...(EXCITING)

I hope you are enjoying Independence Day Celebrations! If that's your thing.

Humbly yours,

Sean Hacking

Founder & CEO