Wednesday, August 17, 2011

Infield Capital Backs Electric Motorcycle Developer

Boulder, Colorado-based Infield Capital, an investor in early stage, clean technology companies in the transportation industry, has backed Mission Motors, a developer oe electric motorcycles. According to Mission Motors, it has raised $9.0M in a Series B round, which was led by Warburg Pincus and also included Infield Capital, its original investor. Mission Motors said it has a committment from Warburg Pincus to invest up to $50M more in the company. Mission MOtors develops electrical vehicle technology, being applied to electric motorcycles and other electric vehicles. More information »