Fuell assets go to auction, disappointing crowdfund backers
Summary by Bicycle Retailer and Industry News
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Fuell assets go to auction, disappointing crowdfund backers
MUKWONAGO, Wis. (BRAIN) — A liquidator is auctioning the remaining assets of Fuell Inc., an e-bike and e-motorcycle brand founded by motorcycle innovator Erik Buell that entered Chapter 7 bankruptcy last October. Fuell held several crowdfunding campaigns while in business, raising nearly $1.5 million on Indiegogo to launch its Flluid 2 and Flluid 3 e-bikes. Earlier this year, a handful of disappointed crowdfund backers objected to the bankrupt…
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