Zero Motorcycles Raises Another $17 Million To Make More Electric Bikes Domestically
March 17, 2011 at 14:11 PM EDT
Zero Motorcycles in Santa Cruz, Calif. today revealed that Invus, LP, the company's earliest financial backers, have invested another $17 million in the business, with potential to add $9 million more over coming months. The capital will go towards expanding the Zero's U.S. operations, primarily, and towards expanding the company's global sales efforts, research and development, according to a company press statement. Invus, LP invested in Zero Motorcycles in April 2008 and has remained the company's principal investor...