Zero Motorcycles Garners $26,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e712da86-9d96-4fd1-99dd-243da94d28ab&Preview=1 -
Date
3/17/2011 -
Company Name
Zero Motorcycles -
Mailing Address
1 Victor Square Scotts Valley, CA 95066 -
Company Description
Zero Motorcycles is the next step in motorcycle evolution and represents the ultimate electric motorcycle technology. Unencumbered by conventional thinking about how we design, manufacture, and sell high performance electric motorcycles, we’re on a mission to turn heads and revolutionize our industry by combining the best aspects of a traditional motorcycle with today’s most advanced technology. The result is an electric motorcycle line that’s insanely fast, and environmentally friendly. -
Website
http://www.zeromotorcycles.com -
Transaction Type
Venture Equity -
Transaction Amount
$26,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
With this investment, we will continue to ramp up our US-based production while rapidly expanding our global sales footprint. Our new 2011 lineup of California-designed and assembled electric motorcycles has been very well received by the market and press, and we intend to further accelerate growth and enhance our leadership position. -
M&A Terms
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Venture Investor
Invus -
Venture Investor
Undisclosed
