Brammo designs and develops electric vehicles including the Enertia and Empulse motorcycles and is the 2013 FIM eRR North American World Cup Champion. It is an OEM supplier of its Brammo Digital Drivetrain systems, including the Brammo Power battery pack and Brammo Power vehicle management system. Brammo maintains vehicle distribution and marketing operations in North America, South America, Europe, and Asia. TEAM Industries has entered a strategic partnership and will become an investor in Brammo and collaborate to design and develop electric vehicle drivetrains for next-generation EVs. TEAM is a vertically integrated engineering and manufacturing company that has developed drivetrain components for OEMs since 1967 and offers services from product design collaboration to manufacturing to specification. The partnership aims to bring Brammo’s championship-winning EV technology to adjacent markets and provide OEMs a broad range of EV drivetrain solutions. Brammo develops electric vehicle technology and manufactures two-wheel electric motorcycles, including the Encite, Enertia, Empulse and Engage models. Led by CEO Craig Bramscher, the company operates vehicle distribution and marketing in North America, Europe and Asia. The company is based in Ashland, Oregon. Brammo has closed the first $13M tranche of a planned $45M Series C funding round. It intends to use the capital to accelerate its development plans. The article states the round was led by Polaris Industries, with participation from other undisclosed investors. Brammo designs and manufactures all-electric motorcycles and the battery packs and software that power them. The company sells an urban commuter model, the Enertia, which retails for about $8,000. Brammo has product plans including two super moto/off-road models (Engage and Encite) and a sport motorcycle called the Empulse, in addition to its existing lineup. It partners with Flextronics for manufacturing and battery-pack production and with Polaris as a strategic partner to bring its drivetrain technology to new markets. CEO Craig Bramscher has said the Polaris relationship is intended to accelerate product development and geographic scale. To date Brammo has raised just under $40 million in outside funding.

Total raised

$41M

Funding rounds

3

Latest round

Series C

Latest activity

Jul 2012