There’s little that infuriates a bike rider more than a bike thief.
That’s what three young Chilean entrepreneurs thought when they decided it was time to solve the problem. Cristóbal Cabello, 22, Andrés Roi Eggers, 23 and Juan José Monsalve, 24, had experienced bike theft, and they didn’t like it.
So they developed a Yerka – an “unstealable” bike.
According to the Yerka company website, the young men went back to basics with their invention.
“We went back to the roots of security and made a paradigm shift: Make a lock out of the bike. Now a thief would have to cut through the main structure to take the bicycle, defeating the purpose. ... When the frame is in its locking position, blocks the crank set and pedals too, making it impossible to ride. The lock features a reinforced collar over keyway and high security disc- style cylinder for increased protection.”
The Yerka founders secured a $100,000 investment from a state enterprise fund for research and development, and used the crowdfunding website Indiegogo to sell their first batch of bikes.
The three invented the ride while studying engineering but have since left their studies to work on their business full time. They’re selling limited number of Yerkas for $499, in the United States only.
Below is a video of how the Yerka works.
This story, "The incredible unstealable bike" was originally published by Fritterati.