Mission Motors Gets $9.0M
San Francisco-based Mission Motors, the developer of electric vehicle technology and electric motorcycles, said this morning that it has raised $9.0M in a Series B funding round. The round was led by Warburg Pincus, and also included Infield Capital. Mission motors said that Warburg Pincus is making an investment of $7.5M in the company, with Infield Capital taking the rest of the round; Warburg Pincus has also committed to investing up to $50M more in the company in future investments. Mission Motors said the funding will go to commercializing its EV technology for vehicle manufacturers.
posted on Wednesday, August 17, 2011 (Link to more information)
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