Damon Races to the Finish Line Fueled by $30M in Funding
Damon Motors is in the home stretch to bring the first HyperSport motorcycles to the road.The company has received a boost from the investment community, closing a bridge round and raising a total of $30M to date. Damon has also secured $20M in preorders for its HyperSport motorcycles, the world smartest, safest, fully electric motorcycles.Damon Founder & CEO Jay Giraud said "We have unveiled the future of two-wheel transportation and yielded high demand in North America and Europe, validating the market need for high-performance electric motorcycles. On the back of this demand, Damon will produce an entire line of medium- and high-performance motorcycles over the next few years, with HyperDrive serving as the core of each model.”The Damon HyperSport sets a new standard in motorcycle safety, awareness and connectivity. It boasts well over 200hp and 200nm of torque delivered at zero rpm, a top speed of 200 mph, a range of more than 200 highway miles per charge. All HyperSports are outfitted with CoPilot™, Damon’s 360° advanced warning system; Shift™, which transforms the riding position between sport and commuter modes with the push of a button; and HyperDrive™, the world’s first 100 percent electric, multi-variant powertrain platform optimized for maximum performance, design and safety.It was only a year ago that LMGPR launched Damon at CES 2020. Even a global pandemic couldn't stop Damon's skyrocketing success and rise to the top as an electric motorcycle leader. We're proud to continue our partnership with Damon and look forward to exciting news and developments in 2021.