Foldable Bikes Party: Brim Brothers pulls plug on Zone DPMX power meter

Tuesday, 25 October 2016

Brim Brothers pulls plug on Zone DPMX power meter

http://ift.tt/2e8cJN9

Bad news from Dublin based start-up Brim Brothers — it has run out of time and money developing its Zone DPMX shoe power, and can't refund its backers either.

The Zone DPMX wearable power meter was previously described as being ready for delivery from May 2016, after smashing its €100,000 Kickstarter target — raising €183,133 from 292 backers. The Kickstarter page asks backers to pledge €390 for single-sided power meter, or €780 for a dual-sided power meter.

A statement has now been posted on the Brim Brothers website, called 'The End'.

The full statement from Brim Brothers runs as follows:

With great sadness I have to tell you that Brim Brothers is ceasing operations.

We have run out of time and money. The difficulties we have had with production quantities, together with variable accuracy of the finished units when in use, mean that we are unable to deliver and we don’t have the resources to continue.

Over the last couple of weeks it has become clear that putting an innovative product into manufacture has more challenges than we planned for, particularly achieving the consistent accuracy that a power meter requires. Our first production batch demonstrated that more time and investment is needed to test and re-test new production processes. This is beyond our resources, and our efforts to find new finance have not been successful.