Crowdfunding Australia


  • Type: Retail and Wholesale
  • Total Round Size (min): NZ$1,000,000
  • Total Round Size (max): NZ$3,000,000
  • Price per share: NZD$8.45

The ultimate urban electric motorcycle

Offer Live

FTN Motion

As this is a New Zealand offer, to invest in this deal from outside of NZ, you must be a Sophisticated, High Net Worth or Experienced Investor. To understand what that means in your jurisdiction please see the criteria here.

  • Fees Paid to Issuer
    : 6%
  • Minimum Parcel Size
    : $1,000
  • Issuer
    : FTN Motion Limited
  • Security
    : Ordinary Shares

Terms of Offer

Key Documents

Investor Rewards

Working Dog

For investments between: $2,000 - $4,999

  • A4 print of Streetdog
  • 10% discount off Urban Biker gear
Good Dog

For investments between: $5,000 - $14,999

  • A4 print of Streetdog
  • 10% discount off Urban Biker gear
  • Jeremy Bennett T-shirt
Wild Dog

For investments between: $15,000 - $24,999

  • A4 print of Streetdog signed by artist
  • 10% discount off Urban Biker gear
  • Jeremy Bennett T-shirt
  • Custom leather FTN key tag
  • Exclusive behind-the-scenes content
  • Tour of workshop and meet the team
Top Dog

For investments above: $25,000

  • A4 print of Streetdog signed by artist
  • 10% discount off Urban Biker gear
  • Jeremy Bennett T-shirt
  • Custom leather FTN key tag
  • Exclusive behind-the-scenes content
  • Tour of workshop and meet the team
  • Custom Streetdog paint job (conditions apply)

Company Overview

FTN Motion is creating a new category of vehicles for environmentally conscious commuters who value true craftsmanship and good design. 

Starting from a single prototype and first investment in 2021, FTN’s world-class team of software, electronic and mechanical engineers have gone on to develop an electric urban motorcycle that stands out from its peers: the Streetdog. 

FTN's customers are giving up their petrol driven cars for an electric motorcycle, which combines timeless design with world-class engineering. After a successful launch of the Beta Streetdog to Wellington-based businesses and customers in 2022, the team at FTN has now delivered the sold-out run of 100 Early Adopter bikes across New Zealand. The response from first customers has been overwhelmingly positive.

With this pre-series A equity raise, FTN is looking to scale local assembly capacity, introduce production upgrades and start expansion into Australia and Europe.

Investment Highlights

  1. Delivering Bikes

    FTN has delivered the first production run of 100 Early Adopter bikes and is now working on the second production run of 60 bikes.

  2. Pre-Orders

    Beyond the first 160 bikes, FTN is already close to selling out its third NZ production run and will soon be launching its first Australian pre-order production waitlist.

  3. Certifications

    FTN has co-developed a battery in partnership with a global battery manufacturer that has been certified for international distribution. A third party design review for EU/AU vehicle certification has been completed. ADR compliance for Australian on-road certification is in progress.

  4. Happy Customers

    FTN’s first customers have racked up more than 50,000 emission-free kms already. The positive reviews emphasise the bike’s craftsmanship and riding experience.

  5. Waitlist

    FTN has an email subscriber list of over 2,600 and encourages interested customers to deposit $100 in order to reserve their spot in a production run.

  6. Established Supply Chain

    FTN’s strong supplier relationships and future order commitments have allowed second production run components to be ordered on time, and round one cost reductions to be realised through reduced component and shipping costs.

  7. Design Quality

    FTN's fresh approach to design and tech integration makes everyday use a seamless experience with beautiful and functional features. A key focus has been the integration of hardware and software with reliable battery technology.

Key Team Members

For further detail on the FTN Motion team see page 8 of the IM.

Team Member

Luke Sinclair

Co-CEO, Founder, Business Operations

10+ years experience in mechanical product design.

Team Member

Kendall Bristow

Co-CEO, Founder, Engineering Operations

10+ years experience in engineering and automated production design.

Team Member

Steve Thornton


Angel investor and experienced director.

Team Member

Saskia Thornton

Non-Executive Director

Former CMO and executive director of Bevie, Mad Millie brand founder and business lead.

Team Member

Dave Shoemack

Independent Director

CEO of Goodnature, former CMO for VanMoof, former global brand director for Sol, Heineken.

Key Financials

Please see pages 35-43 for further details on historical and forecasted financial performance.

Use of Funds

For a more detailed breakdown of the Use of Funds see page 43 of the IM.

Key Risks

For further detail please see page 46 of the IM.

Competitive Landscape


The global transition towards electric mobility in urban areas has ushered in a new cohort of competitors in markets that FTN
operates in. FTN is positioned to fulfil a premium market need that is not currently served by these competitors.

Scalability of Manufacturing to Meet Demand


We will mitigate this risk in the local market by securing a larger production facility. We have also selected global manufacturers with bandwidth to scale with us. European contract assembly will be used initially to meet European demand without significant investments in infrastructure and people.

Market Conditions


The current global economic conditions, including the possibility of a recession, pose a significant risk to manufacturers. Economic recessions typically result in decreased demand for goods, which can lead to reduced revenue. By maintaining excess product demand and comparatively low overheads through outsourcing, FTN is in a strong position to mitigate this risk.

Future Funding Requirements


Additional funding rounds will be required as FTN moves into its international growth phase. In this phase FTN will be suited to local and international institutional investment which can provide security through follow-on commitments. FTN's high-margin business model also allows a core operating profit to be reached quickly, ensuring funding requirements are exclusively R&D and expansion focused