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Electric-motorcycle firm to launch crowd-funding

Posted on 04 May 2019 and read 1339 times
Electric-motorcycle firm to launch crowd-fundingSouth Wales-based Arc — the manufacturer of the world’s most advanced electric motorcycle — is to launch a fund-raising round on the Crowdcube crowd-funding platform on 6 May, as it targets growth and expansion at its ‘state
of the art’ manufacturing facility in St Athan.

This is phase two of a much larger fund-raising campaign backed by a number of ‘blue-chip’ investors, including Jaguar Land Rover’s Venture Capital fund InMotion Ventures.

CEO Mark Truman said: “Since launching the Arc Vector just 16 weeks ago, we have been overwhelmed by how positively it has been received.

“We have had over 100 expressions of interest from prospective investors, and we’re now opening up ownership of our transformative business in a similar way to the community ownership model made famous by the likes of Barcelona Football Club.”

Arc (www.arcvehicle.com) St Athan, a 65,000ft2 facility next to Aston Martin’s new factory, will have a clubhouse, a test track and a proving ground, plus a facility for international clientele arriving by helicopter.

The Vector has a lightweight carbon-composite structure and a battery-module monocoque.

A combination of haptic sensory technology with a head-up display in the newly developed Zenith helmet brings together some of the most technologically advanced equipment currently available.

Advanced rider assist systems provide warnings of dangers in the urban environment, as well as dynamic information related to the motorcycles’s performance.