Temple Cycles was set up by Matt Mears just over 3 years ago, selling bicycles designed and built in the UK direct to consumers.
Mears started out by restoring vintage bikes to help pay his way through a Mechanical Engineering degree at the University Bristol. On finishing his studies, Mears moved from restoration to designing and developing his own range of bikes, combining his love of vintage aesthetics with the benefits of the more efficient components and improved materials on offer today.
In 2017, the growing young company have noted the “changing landscape of the UK economy,” the “growth in cycling” as well as the congestion on the UK’s roads and see the opportunities those factors present for companies wanting to manufacture in the UK.
While Mears acknowledges that continuing to reinvest the company’s profits back into new stock will provide a steady but healthy growth, his sights are set higher: production of 10,000 bikes a year, changing the way the UK thinks about cycling and venturing into the e-bike manufacturing market. To that end the company have raised £199,500 from 156 investors on Exeter-based Crowdcube.
Full story: http://www.pedelecs.co.uk/news/bristol-cycle-manufacturer-200k-crowdfund-eyes-e-bike-market/
Mears started out by restoring vintage bikes to help pay his way through a Mechanical Engineering degree at the University Bristol. On finishing his studies, Mears moved from restoration to designing and developing his own range of bikes, combining his love of vintage aesthetics with the benefits of the more efficient components and improved materials on offer today.
In 2017, the growing young company have noted the “changing landscape of the UK economy,” the “growth in cycling” as well as the congestion on the UK’s roads and see the opportunities those factors present for companies wanting to manufacture in the UK.
While Mears acknowledges that continuing to reinvest the company’s profits back into new stock will provide a steady but healthy growth, his sights are set higher: production of 10,000 bikes a year, changing the way the UK thinks about cycling and venturing into the e-bike manufacturing market. To that end the company have raised £199,500 from 156 investors on Exeter-based Crowdcube.
Full story: http://www.pedelecs.co.uk/news/bristol-cycle-manufacturer-200k-crowdfund-eyes-e-bike-market/