Newsweek Showcases Greyp and CEO Mate Rimac

It’s always nice when people shine a light on what you are building.

And Newsweek has put a bright spotlight CEO Mate Rimac who was invited to the global media company’s London headquarters for a series of articles and a sit-down 40-minute interview.

Among the highlights, Mate explained the importance of democratizing investment in Greyp by opening up the company’s equity to retail investors so supporters can join us building the future of connected mobility alongside major stakeholders such as Porsche. Mate also laid out his vision for a world of zero ownership, zero emissions, zero accidents. And, as has become common in the media, he was described as the Elon Musk of Europe. While Mate praised Musk’s positive impact, he politely declined the label, promising instead to keep blazing his own trail. That path is with Greyp’s award-winning electric bikes, his sister company Rimac Automobili and all the passionate supporters backing our digitalized equity offering.

Here are some of Mate’s highlights from the Newsweek interviews:

On Democratising Investment:
“I have raised more than 150 million euros and that was a super-hard process. It is a closed circle of people who can attract investment and who can give investment. I think this will democratize like many things are democratizing. For our bike company Greyp, we are doing crowdfunding, an equity token offering where anybody can participate in the funding round. Anybody can invest in a company they believe in.”

On Smart, Connected Bikes
“We started developing the bike in a way that is not about the performance, not about going fast but it’s about being smart. It has cameras, it is always connected to the Internet. Our vision for the future is for zero ownership, zero emissions, zero accidents. So with this connectivity and the blockchain technology in the back, you can basically use the asset in a different way and pay for different things, person-to-person, person-to-machine or even machine-to-machine. This opens a whole new area of possibilities where you can own your bike and have it make money for you. We are shifting to smart, connected bikes and opening up totally different possibilities for bike usage. Our bikes are basically a showcase for the technologies that we develop.”

On Future of Mobility
“The future of mobility is not going to be one solution. There will be multi-modes of transportation where you combine the scooter, the bike, the car, the subway, bus whatever to achieve your most optimal route. That’s why we also integrate what we do for the future with our bikes, with Greyp — and the whole priority on developing the platform that is based on blockchain technology — with the cars. We are trying to integrate into one system of future mobility. And that’s what we are also doing this fundraising for — this equity token offering where people who share this vision, share this passion can invest 100 euros, 500 euros.”

On Elon Musk
“I really respect Elon. I don’t like it when people say I am the ‘Elon Musk of Europe.’ We are of course trying to do our part in the transition to a different kind of mobility, to a different kind of energy usage.

Our ongoing ETO (equity token offering) is already a success thanks to our community of supporters. First, we had to expand the whitelist so that more people could register early for the sale, then we burst through “soft cap” threshold, blasting past EUR 1 million in funds raised in just a few days.

We are delighted so many people can hear about Greyp directly from Mate. Newsweek has a monthly audience of more than 40 million people, its magazine is distributed across more than 30 countries and its content is translated into half a dozen languages. In fact, the world has been hearing a lot more about Greyp and its equity investment offering in recent weeks with coverage in the Tech.EU, EU Startups, the International Business Times and many more publications.

Now we are racing to the finish line when our public sale ends November 27. (Yes, the good news is that there’s still time to invest via the Neufund platform.)