• Jan 15th 2010 at 1:57PM
  • 3
Zero Motorcycles DS – Click above for high-res image gallery

According to documents filed with the United States Securities and Exchange Commission, Zero Motorcycles has scored an additional $5.5 million in its Series A funding. Asphalt & Rubber calculates the company's total funding at $10.5 million to date. These funds were provided by The Invus Group, which has two seats on Zero's Board of Directors.

No word on what the money will be used for, though likely candidates are expansion into markets outside the U.S. and continued development of new products. This funding is interesting as it comes at a time when investment money is in short supply and the motorcycle industry is in a downward trajectory, and it means we'll be keeping a close eye on Zero's Santa Cruz operations in the coming months.

[Source: Asphalt & Rubber]

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    • 1 Second Ago
      • 5 Years Ago
      I hope gas prices will go back to $4 again, then we'll see a real resurgence in green transportation.
      • 5 Years Ago
      They previously raised $20M- that's what Zero's CEO told us during a presentation to our San Francisco Electric Vehicle Association in the middle of 2009.
      • 5 Years Ago
      I want one of those and the bike in the last post. Let gas keep going up. I got a zap bike but need Li Ion pack.
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