Damon Motors Raises $30M in Series B Funding

damon motors

Damon Motors, a Vancouver, British Columbia-based electric motorcycle maker, raised $30M USD in Series B funding.

The round was led by House of Lithium along with several strategic partners.

The company intends to use the funfd to further drive production and manufacturing efforts as they prepare to open a Vancouver, Canada factory and begin delivery of HyperSport motorcycles in 2022.

Founded in 2017 by serial entrepreneurs & avid motorcyclists, Jay Giraud and Dom Kwong, Damon Motors is an electric motorcycle manufacturer Every motorcycle is powered by HyperDrive™, an all-electric multi-variant powertrain platform. Additionally, they are fitted with a proprietary on-the-fly adjustable ergonomics technology, Shift™, and 360° Advanced Warning System for Motorcycles (AWSM™).

With more than $45M in orders for the flagship HyperSport all-electric superbike, the company is now introducing the HyperFighter Colossus, a limited-edition model.