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October 26, 2011 05:57 pm GMT

Brammo Grabs $28 Million From Polaris Industries To Power Development Of Electric Vehicles

enertia-electric-motorcycleTechCrunch readers may remember Brammo as the Oregon-based designer and manufacturer of all-electric motorcycles (and the battery technology and software that powers them), or as the makers of the bike one Mike Arrington was driving around the conference center at Disrupt NYC this year, whereupon he was almost removed from Disrupt by security. Later, in conjunction with Brammo CEO (And Disrupt Speaker) Craig Bramscher, Arrington gave the motorcycle away to one lucky mother of a marine.Back in 2008, Brammo raised its first chunk of outside investment, an $11 million round led by Chrysalix Energy Venture Capital and Best Buy Venture Capital. Today, the electric vehicle technology company has added another significant piece of change to its vault, announcing the close of the final tranche of a $28 million series B round of financing.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5u0qz_OKiqk/

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