Current Motor
Current Motor is an American designer and manufacturer of all-electric maxi-scooters.
Business Model:
Revenue: $10.8M
Employees: 11-50
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Detailed Current Motor Information
Geographic Data
Address: 4355 Varsity Dr
City: Ann Arbor
State: MI
Zip: 48108
Country: US
Financial Info
Stage:
series a
Raised Last:
$700k
Raised Total:$700k
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Description
Current Motor fills the unmet need for fast, fun, affordable, zero-emission, electric vehicles (EVs). Current Motor develops and manufactures all-electric maxi-scooters for the Americas, made in Michigan. The company’s EVs use no gas, produce no emissions and create no maintenance hassles. Their maxi-scooters offer speeds up to 70 MPH and a range of up to 50 miles. They charge from a standard 110V household outlet in 5 hours. Backed by BELLE Capital, the State of Michigan and other private equity investors, please visit www.currentmotor.com for more information. They are shipping Test Pilot (beta) bikes with full production maxi-scooters scheduled to ship at the end of the 2011.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2011 | Series A | 2 | $700k |
BELLE Capital Michigan Economic Development Corporation BELLE Capital Michigan Economic Development Corporation |
11/2010 | Non Equity Assistance | 1 | - |
Ann Arbor SPARK Ann Arbor SPARK |
11/2010 | Non Equity Assistance | 1 | - |
Ann Arbor SPARK Ann Arbor SPARK |
|---|
| Announced Date | Name | Price |
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