15 December 2017

Next-generation composite bicycle frames produced in Belgium - REIN4CED completes capital round

Unbreakable composite material revolutionizes cycling industry

Today cycling enthusiasts fear falling with their often very expensive carbon fiber bicycles. They realize that small cracks or damages may lead to sudden and dramatic failure while riding. “The cause is the material’s poor impact resistance and the effect is that riders’ lives are put in danger and bicycle frames are reduced to scrap,” explains Dave Luyckx, Chief Product Officer of REIN4CED.

“Our new material combines carbon composites with specifically developed steel fibers and radically increases impact resistance while maintaining high stiffness and low weight. In contrast to traditional brittle composite materials, REIN4CED’s steel-fiber composite exhibits a compact visible dent upon impact and maintains frame integrity ... similar to an aluminum or steel frame.”

Production automation enables reshoring bicycle frames in Europe & US

Michaël Callens, CEO and Co-founder of REIN4CED: “At this stage, REIN4CED secures the financing to set up an automated production line through a major capital increase supported by three widely respected Belgian parties: KU Leuven Gemma Frisius Fund, Finindus and Innovation Fund. With its new processing method, REIN4CED is able to utilize its new material in automated series production – projecting an annual production output of thousands up to tens of thousands of light and unbreakable bicycle frames.”

“As a result, REIN4CED enables to bring the bicycle frame production back to the brands’ respective home markets,” says Dave Luyckx. “Compared to the existing manual and labor-intensive process, REIN4CED implements the material in an accurate, qualitative and fully automated manner and produces parts with consistent properties. This will also bring along other advantages such as locking in less working capital and enabling a more flexible and responsive supply chain.”

Institutional investors have strong ties with activities of REIN4CED

Gemma Frisius Fund, the seed capital fund of KU Leuven, supports REIN4CED in research and technology as well as financial and business aspects. Finindus offers extensive expertise in industrial upscaling and commercialization and is linked to OCAS, a metal research research center in Belgium. Specialists in Innovation Fund’s network are heavily involved in modeling chemical and composite materials.

Need for impact-resistant composites in automotive & aerospace

“The impact-resistance of the new composite material and the high degree of production automation and repeatability are not only of interest to the bicycle industry,” concludes Michaël Callens. “For us the bicycle market is our first target market because it is characterized by fast technology adoption and market introduction. We are however convinced that the distinct advantages of highly consistent quality in high-volume production are also much desired in other markets where composites are used extensively, including automotive and aerospace.”


REIN4CED was incorporated in January 2015. "From the start we have, as an engineering firm, explored the market and acquired sufficient budgets to develop materials ourselves,” says Dr. ir. Michaël Callens, Co-founder and CEO. In the meantime, REIN4CED has developed and patented its new fiber-strengthened composite material, and the team is working to bring the automated production method from a lab to an industrial scale. REIN4CED will manufacture impact-resistant and lightweight bicycle frames for brands wishing to offer their cyclists maximum performance with enhanced safety and durability. https://rein4ced.com/

CEO Michaël Callens – Mobile: +32 485 20 81 19 – Email: michael.callens@rein4ced.com

CPO Dave Luyckx – Mobile: +32 486 16 53 47 – Email: dave.luyckx@rein4ced.com


Interleuvenlaan 62, 3001 Leuven, Belgium

Telephone: +32 16 39 47 68

Email: info@rein4ced.com

Website: www.rein4ced.com

About KU Leuven Gemma Frisius Fund

Gemma Frisius Fund (GFF) is a seed capital fund, established in 1997 as a joint venture between KU Leuven, KBC Private Equity and BNP Paribas Fortis Private Equity. It combines the research and technology transfer expertise of the university with the financial and investment expertise of the two financial partners. GFF provides seed capital in the early development phases of innovative, research-based spin-off companies originating from all technology domains and provides support in their further growth process. http://lrd.kuleuven.be/en/spinoff/gemma-frisius-fund

About Finindus

Finindus is an investment company backed by ArcelorMittal and the Flemish Region and is linked to OCAS, a world class metal research center with campuses in Zelzate and Zwijnaarde (Belgium). Finindus provides early stage and growth financing to innovative companies active across the metal value chain that focus on materialsmaterial processing, sustainable manufacturing and industrial tech. http://www.finindus.be/

About Innovation Fund

Innovation Fund invests in innovative startups and companies active in the field of chemistry and life sciences. The Fund has been created in February 2015 thanks to major industrial companies, like Total, Solvay, BASF, Carmeuse, Recticel, Sioen, Soudal, Domo, Ravago, Officium, Arkema France, etc. This makes Innovation Fund unique, bringing added value to the supported projects. Innovation Fund works in close collaboration with the Innovation Circle, an initiative of captains of the chemical industry. Since 2013, they have benevolently accompanied more than 50 projects, of which some, like REIN4CED, are mature and require capital for their development. http://innovationfund.eu/