In The News

November 7th, 2012

“Designing and marketing a bike that shifts gears automatically, based on road conditions. “The continuously-variable rear hub has an unlimited number of gear ratios, so you can always find that perfect gear,” says co-founder Sean Simpson.”

Betaspring opens doors to new class of startups

September 28th, 2012

With one tap of his smartphone, Judd Rosenblatt, a recent Yale University grad and co-founder of Crunchbutton, put a huge smile on the face of U.S. Sen. Sheldon Whitehouse when he was able to deliver the senator’s favorite sandwich – the falafel. He did it by using a service he and a group of others […]

April 10th, 2012

FOR IMMEDIATE RELEASE – APRIL 10, 2012 – ANN ARBOR, MICH.– Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million.  The companies received the funding to support commercialization of their core products. “The companies that received […]

March 1st, 2012

Sean Simpson is living the dream. The 27-year-old Troy resident had spent too many years of his life wearing the shirt and tie uniform of an engineer, filling out TPS reports, and rolling his eyes at the Lumbergs who infested his office. Today he is running an innovative start-up, AutoBike, pursuing his MBA at the University […]

A bike with automatic shifting among business plan winners at EMU’s Skandalaris competition for area students

February 17th, 2012

YPSILANTI – Business plans for a bike of the future and a way to integrate healthy salads into your daily life were among the big winners in the 2012 Skandalaris Business Plan Competition, sponsored by the Eastern Michigan University Center for Entrepreneurship within the College of Business. High school, university and community college students competed for […]

February 14th, 2012

ROCHESTER – AutoBike LLC, a Troy-based client of the OU INC business incubator, has received a $50,000 loan from the Michigan Pre Seed Loan Fund, administered through Ann Arbor Spark, to advance its plans to manufacture and market a bicycle that shifts gears automatically. The company’s idea and business plans won first-place honors on Friday, Feb. 10, in […]

AutoBike entrepreneurs create automatic gear shifter for bicycles

January 12th, 2012

Four friends from different walks of life decided to take some time out of their busy work days and start a business. One year later, that business is called AutoBike. “Everyone has the same sentiment, that there has to be a better way,” says Sean Simpson, co-founder of AutoBike. “We did some brainstorming that there has […]