CLIP is an innovative company that has developed the world’s first plug-and-play e-bike upgrade device, designed to transform standard bicycles into electric bikes effortlessly. With technology born out of MIT Media Lab, CLIP has pre-sold over 1000 units directly to consumers and secured a purchase order to upgrade existing bike-share fleets. Recognized by TIME Magazine as one of the “Best Inventions of the year” and awarded “Startup of the Year” at Micromobility Europe 2023, the company has invested $2 million from its Seed1 round into research and development, manufacturing, and securing patents in 45 countries. CLIP is currently raising funds to scale production, market expansion, and further R&D for their version 2.0, aiming to disrupt the e-bike market which is projected to grow significantly in the coming years.