Tag

Best Buy

Browsing

Brammo Inc. filed the appropriate forms with the SEC yesterday stating that it has raised $12.4 million in Series B funds, in what is still an open round of financing. Brammo hopes to raise a total of $30 million in the Series B offering, with the use of funds likely going towards expanding Brammo’s reach into the Asian and European markets, as well as building out the company’s product line into other target segments.

Also in the Form D filing with the SEC we get a glimpse of the people behind the company’s management, which includes a presence from Brammo’s initial investors Best Buy & the clean-tech venture capital group Chrysalix, as well as Brammo’s CFO Bruce Gilpin. New to the ranks is David Kurtz from Alpine Inc., an oil and gas exploration and development firm that is leading the Series B round with another firm that is so far unknown.

Brammo has hit the sales floors of Best Buy with their electric motorcycle the Enertia. Debuting in the Portland Oregon area, instead of the previously rumored San Francisco/Bay Area, you can expect to see the green machine trickle its way down the west coast throughout the year’s time.

Right now, Brammo has their TTR race bike from the TTXGP on display at the Cascade Station Best Buy in Portland. Videos and pictures after the jump.

brammo-enertia-ttr-1

Today is a double Brammo day. Earlier this morning we teased you with a picture of the . You may have noticed two things. 1) The bike is green…kind of like the Hungry Hunter, and 2) Best Buy is sponsoring it. We don’t mess with giant men that have brussels sprouts growing on them, so this article will solely focus on the latter of the two observations. More pictures after the jump.

brammo-ttr-ttxgp-electric-race-bike1

A recent Racer X interview of Craig Bramscher, CEO of Brammo, uncovered some interesting information about the electric motorcycle company. Including never before seen pictures of the Brammo TTR with race paint and Best Buy logo.

Craig Bramscher is sitting next to a computer monitor displaying a rendering of the TTXGP machine.  It looks a lot like the race bikes of today sans exhaust pipe. Recent renderings of the Motoczysz and pictures of the Mission Motors  have a slightly more futuristic design and are somewhat street legal with lights mounted.

Later in the interview Bramscher also gave new information on the target market for the Brammo Enertia and why Best Buy is Brammo’s choice for distribution.