House of Lithium leads US$30 million Series B round for Damon Motors

1 minute read
08 December 2021

On December 8, 2021, electric motorcycle manufacturer Damon Motors announced a successful US$30 million Series B funding round led by House of Lithium along with several strategic partners. The funding will further drive production and manufacturing efforts as the company prepares to open its factory in Vancouver, British Columbia and begin delivery of HyperSport motorcycles in 2022. 

Recently launched by SOL Global Investments Corp., House of Lithium is a specialized investment company which targets private and public companies that are leading the way in the green revolution. 
Gowling WLG advised House of Lithium with respect to this investment with a team that included Peter Simeon and Sharagim Habibi.

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