Fundz

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

TAKEN PRIVATEMar 10, 2021

Amount Raised

$30 Million

Round Type

Funding Round

ManufacturingInformation TechnologySoftwarePrivacy And SecurityAutomotivePublic Safety

Description

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.

Quick answer

Damon raised $30 Million in a Funding Round round, dated March 10, 2021.

How much did Damon raise?
Damon raised $30 Million in a Funding Round round on March 10, 2021.
What does Damon do?
Damon Inc. is a manufacturer of high-tech, high-performance motorcycles designed to be safer, smarter, and cleaner.
Where is Damon based and how big is it?
Fundz records about 45 employees.
Who are the decision-makers at Damon?
Fundz holds 2 contacts at Damon, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Automotive around the same time

Companies in the same sectors as Damon that raised within 45 days of this round, from Fundz verified event records.

  • MED-X raised $225K on April 23, 2021.
  • OpConnect raised $2.2M (Seed) on April 21, 2021.
  • PlexTrac, Inc. raised $12M on April 20, 2021.
  • Infleqtion raised $2.2M (Seed) on April 19, 2021.
  • Polestar raised an undisclosed amount (Funding Round) on April 15, 2021.
  • Groq AI raised an undisclosed amount (Funding Round) on April 14, 2021.

Who to call at Damon, and when

A new round usually means Damon is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Damon raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Damon, from your own LinkedIn network

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Company Information

Company

Damon

About

Damon Inc. is a manufacturer of high-tech, high-performance motorcycles designed to be safer, smarter, and cleaner. Their flagship product, the HyperSport electric motorcycle, boasts impressive specifications including 200 horsepower, top speeds of 200 mph, and a range of 200 miles on a single charge. The company aims to redefine the two-wheeled EV market with innovative safety technologies. Damon Inc. is led by experienced entrepreneurs and aims to set new standards for motorcycle safety and sustainability.

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Related People

2 contacts
Verified contactsJay G., Co-Founder & CEO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Damon's next move

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Damon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.