Congratulations to Mission Motors, manufacturer of the sexy electric sportbike, Mission One, for securing a hunk of money to begin building its assembly facility in California. According to SEC filings, the San Francisco company with the “open door” policy has raised more than $3.35 million of a planned $4.68 million equity financing round, according to a filing with the Securities and Exchange Commission posted on Thursday, June 10, 2010. More information on the financing round, here.
The momentum of loosening purse strings among investors is sure to increase as news of the spread of the acceptance of electric motorcycles as valid transportation options becomes commonplace. If some random guy in Kansas City owns a Brammo, who’s to say he won’t be riding a Mission One on even-numbered days? (Ms.Brammofan, that’s who).