ADDING MULTIMEDIA Damon Motors Raises $30M; Secures $20M in Preorders

Damon Motors today announced it has raised more than $30M in funding, completing a bridge round led by Benevolent Capital, SOL Global Investments, Zirmania, and others. The financing couples with skyrocketing preorder sales that have now reached $20M for the exhilarating line of HyperSport motorcycles. The capital raised will further fuel Damon’s path to market and enable demo tours, pre-production development and testing, and associated hires. Damon has also expanded its board of directors with the additions of Jaques Clariond and Howard Wu.