Vancouver Tech Journal

Vancouver Tech Journal

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Vancouver Tech Journal
Vancouver Tech Journal
Damon Motors raises $38M to fuel aggressive growth plans

Damon Motors raises $38M to fuel aggressive growth plans

The round was led by House of Lithium and other strategic investors.

William Johnson's avatar
William Johnson
Dec 08, 2021
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Vancouver Tech Journal
Vancouver Tech Journal
Damon Motors raises $38M to fuel aggressive growth plans
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Damon Motors co-founder Jay Giraud

A day after it announced plans to expand in Europe, electric motorbike maker Damon Motorcycles revealed that it raised $38 million ($30M USD) in a Series B funding round led by House of Lithium and several strategic partners.

As Vancouver Tech Journal reported in October, the company is moving ahead rapidly with growth p…

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