Ascent Partners » ev

Brammo Blasts Forward on the $28M B Round + Polaris Industries

Byron McCann — Thu, 27 Oct 2011 01:49:02 +0000

Brammo announced today that it had secured another $28 million in private funding for its Series B round AND a strategic deal with Polaris Industries who is also investing. With innovative design brains, technology,, market savvy, cash, good investors, and great strategics like Polaris and Flextronics, keep watching what Craig Bramscher (CEO) and his passionate team create out of the lovely Ashland, Oregon area.

“We are excited to advance our electric vehicle capability by establishing Polaris as a business partner and part owner of Brammo, one of the most innovative and aggressive companies I have found in the electric motorcycle space,” said Scott Wine, Polaris CEO. “Our companies share a passion for performance, and I look forward to exploiting the numerous opportunities created by pairing Brammo’s industry-leading electric powertrain technology with Polaris’s vast array of market-leading powersports products. This is a small but important investment for Polaris in an electric vehicle market that we feel is poised for significant growth.”

Also, see the MarketWatch announcement in this link:

http://www.marketwatch.com/story/brammo-drives-growth-with-28-million-series-b-and-forms-a-strategic-partnership-with-new-investor-polaris-industries-2011-10-26

Brammo Announces 100+ MPH Empulse EV Powercycle

Byron McCann — Thu, 22 Jul 2010 02:29:49 +0000

Previously we have mentioned Brammo as an innovative EV motorcycle company (backed by Chrysalix Energy Ventures and Best Buy Capital) which is positioning its cycles as a combination of performance, practicality, and value. Now their latest model, the Empulse, follows the Enertia as a higher performance cycle with three range options.

What we like about Brammo is their focus on innovative product design that delivers performance. They are pushing the range out to 100+ miles with sustained 100 MPH speed. This is getting much closer to the holy grail of EV motorcycles. Starting at $9,995, the Empulse features a unique water-cooled system and should be available in first quarter of 2011.

CEO Craig Bramscher is someone to watch given his focus on innovative product management and drive to make things happen in the business. Craig is a vehicle person to the core and it shows in his products and his team.

Getting further distribution with partner Best Buy is key. Also, when the price of oil shoots back up or if carbon gets priced, we’ll see Empulse’s and Enertia’s accelerate in volume. They will be star students of the new “E-Class”.

Brammo Gets on Cycle World Cover

Byron McCann — Tue, 16 Feb 2010 01:13:16 +0000

This innovative, all electric, performance motorcycle company continues to get great press on its Enertia bike. You can get them at Best Buy stores and they have reduced the price to $7,995!

http://brammofan.wordpress.com/2010/02/15/big-brammo-day-cycle-world-cover-and-more/