Foley Hoag Represents Brammo on $28M Series B Financing, Strategic Partnership with Polaris Industries
October 31, 2011
Foley Hoag LLP represented electric motorcycle maker Brammo Inc. as it closed a $28 million Series B funding round designed to accelerate the company’s development plans.
Polaris Industries, a global manufacturer of off-road vehicles and low speed on-road vehicles, participated in the final tranche of the Series B funding and entered into a strategic partnership with Brammo. The Series B round also included contributions from existing shareholders Flextronics, Alpine Energy and Chrysalix.
Brammo, based in Ashland, Ore., has an expanding electric motorcycle product line based on its proprietary design and electric powertrain technology. The partnership with Polaris Industries will help both companies expand their product and market reach.
About Foley Hoag LLP
Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and staff contribute to the exceptional senior level service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.