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§ Public · Vancouver, BC, Canada
Electric motorcycle manufacturer developing and selling high-performance electric motorcycles with advanced safety technology and AI.
Damon Motors is a Vancouver, British Columbia-based manufacturer of high-performance electric motorcycles that are equipped with advanced safety technology, artificial intelligence, and integrated connectivity features. The company integrates proprietary collision avoidance systems powered by BlackBerry QNX technology into its consumer vehicles, which are priced between $17,000 and $40,000 depending on the specific model. Its flagship Hypersport motorcycle delivers over 200 horsepower and a top speed of 200 miles per hour, alongside a battery range exceeding 200 highway miles per single charge. Initial adopters of the organization's retrofitted safety systems included local law enforcement agencies such as the West Vancouver Police Department. The enterprise has raised at least $30 million in venture capital funding from a syndicate of institutional investors including Round 13 Capital, Techstars, and Fontinalis. Damon Motors was founded in 2017 by co-founders Jay Giraud and Dom Kwong.
Damon Motors has raised $35.6M across 4 funding rounds.
Damon Motors has raised $35.6M in total across 4 funding rounds.
Damon Motors has raised $35.6M across 4 funding rounds. Most recently, it raised $30.0M Series B in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 8, 2021 | $30M Series B | Andrew Defrancesco | — | Announced |
| Mar 31, 2020 | $3M Pre Seed | — | — | Announced |
| Jun 4, 2019 | $2.5M Seed | — | Extreme Venture Partners, Pallasite Ventures, Bruce Croxon, Techstars | Announced |
| Jul 1, 2017 | $120K Seed | — | Cota Capital, Laconia Capital Group, JOE Zawadzki | Announced |
Damon Motors is a technology company designing and developing premium electric motorcycles and AI-driven mobility platforms, targeting highway-capable segments with a focus on safety, performance, and connectivity.[1][3][6] Its flagship products, the HyperSport and HyperFighter electric superbikes, serve performance-oriented riders and urban commuters, solving longstanding issues like safety risks, limited range, emissions, noise, and poor digital integration through patented technologies including CoPilot™ (360° awareness), Shift™ (adjustable riding positions), and HyperDrive™ (integrated powertrain).[1][3][4][6] The company has invested over $75M, secured more than $100M in customer reservations, and launched Damon I/O, a vehicle-agnostic AI platform for connected services across motorcycles, scooters, and fleets, driving growth in electrification and smart mobility.[2][5]
Founded in Vancouver, Canada—with offices in San Rafael, California—Damon Motors emerged to disrupt urban mobility and advance clean transportation technology, as supported by British Columbia government recognition in 2021.[3][8] Led by CEO Dom Kwong, the company has evolved from hardware-focused electric superbikes to a broader ecosystem including software platforms, leveraging globally patented innovations to address motorcycle safety gaps.[2][5] Early traction includes award-winning technologies, significant R&D investment exceeding $75M, and pivotal milestones like the recent engineering completion for the next-generation HyperSport Race platform, alongside over $100M in pre-orders validating market demand.[1][5][7]
Damon rides the electrification of personal mobility and AI-driven safety trends in the $127B two-wheeled market, projected to surpass $200B by 2032, where motorcycles lag cars in ADAS adoption.[5] Timing aligns with global pushes for clean transport, smart cities, and usage-based insurance, amplified by regulatory incentives like B.C.'s clean tech support.[8] Market forces favoring Damon include rising EV demand, safety concerns (unaddressed for decades), and fleet electrification needs, positioning its platforms for OEM integration and decentralized infrastructure.[1][2][3] By exporting car-like radar/AI to bikes and extending to wearables/fleets, Damon influences the ecosystem toward connected, data-driven mobility, creating new revenue in a hardware-dominated industry.[2][5]
Damon is primed for scalable growth via software like Damon I/O and licensing, complementing hardware ramps like HyperSport production, with $100M+ reservations signaling strong demand.[2][5][7] Trends in AI logistics, predictive safety, and fleet telematics will shape its path, potentially dominating premium EV bikes while expanding to scooters and delivery. Its influence may evolve from niche disruptor to ecosystem enabler, rivaling incumbents in volume and margins through connected optimization—redefining safer, smarter riding as the new standard.[1][2]
Damon Motors has raised $35.6M in total across 4 funding rounds.
Damon Motors's investors include Andrew Defrancesco, Extreme Venture Partners, Pallasite Ventures, Bruce Croxon, Techstars, Cota Capital, Laconia Capital Group, Joe Zawadzki.