Arc Vehicle Is Raising Funds For Arc Vector Motorcycle

Arc Vector is one of the most extraordinary and futuristic electric motorcycles with chances for market launch.

British motorcycle startup Arc Vehicle (arc name comes from a jump of electricity) after securing some blue-chip investors like Jaguar Land Rover’s venture capital fund InMotion Ventures, opened for public investment through the crowdfunding platform Crowdcube.

The company hopes to raise £850,000 ($1.08 million) (and already received £616,200 from 202 people) to fund its St Athan, South Wales facility.

“The investment will be concentrated towards the opening of Arc St Athan in 2020 which will become the centre of excellence for the company’s manufacturing. The 65,000 square feet HQ will be reflective of the brand’s proposition; best in class, innovative and thoroughly British at heart. Included in the stunning manufacturing facility will be a clubhouse, a test track and proving ground as well as a private facility for clientele arriving by helicopter.”

The ultimate goal is to introduce on the market an all-electric motorcycle Arc Vector, priced at £90,000 ($114,000) and produce 399 of them. According to the company, more than 2,000 people expressed interest in the motorcycle during the pre-registration phase, which is quite surprising taking into consideration the price.

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The Arc Vector attracts potential buyers by its look and promising specs, including 270 miles (435 km) of combined range, lightweight carbon-composite structure and rider information system – a Human Machine Interface (HMI) in proprietary Arc Zenith Helmet.

Arc Vector specs:

Mark Truman, CEO of Arc says:

“What an incredible few weeks it’s been. We had intended for Crowdcube to go live earlier in the month, but we were delayed due to the finalisation of terms with new cornerstone investors. Since we first announced the Crowdcube initiative, we have been overwhelmed with positive interest and pre-registration expressions exceeding 2,000. This is all about joining the Arc family, so whether you’re a motorbike aficionado, seasoned investor, technology or environment enthusiast, we’re inviting people to join our mission to become an established global leader in electric, recreational and luxury mobility. This unique investment opportunity is now open to the British public.”

Arc on Crowdcube here.

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