Wednesday, October 26, 2011

Brammo Gets $28M For Electric Motorcycles

Ashland, Oregon-based Brammo, the maker of electric motorcycles and electric vehicle technology, said today that it has raised $28M in a Series B funding round. The round was led by Polaris Industries, and also included Alpine Energy and NorthPort Investments. Brammo said the round came as part of a strategic partnership with Polaris, which makes off road and all terrain vehicles (ATVs). The firm said the funding will go to accelerate its development plans. Brammo is headed by Craig Bramscher. More information »