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Pedro Zapata Gil

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It has been a long time coming, but we have some good news from the folks at BRD Motorcycles, as the electric motorcycle startup has just closed a $4.5 million Series A funding round.

The investment round was led by Spanish investment firm Modara Technologies, which was joined by Cedarville Investments, Tesla Motors founders Martin EberhardMarc Tarpenning, and Pedro Zapata Gil, the CEO of Baluarte Real Estate in Spain.

To-date that makes $8.2 million in capital raised by BRD, and now the San Francisco startup will be able to go ahead with production on its BRD RedShift electric dirt bike and supermoto offerings. BRD will show the production-ready RedShift MX & RedShift SM at the AIMExpo in two weeks’ time, which will retail for $14,995 and $15,495, respectively.