Alta Motors announced this week that they've secured $27 million through the completion of two fundraising rounds for the electric motorcycle company.

The two rounds (B and C) were led by Grassy Creek Ventures, though round C saw Mountain Nazca (a Latin American venture capital fund) and Bob Fox (of Fox Racing fame) join.

Alta claims the funds will go to refining their vehicle technology, developing more lightweight vehicles, and expanding the company's existing manufacturing and R&D facility in Brisbane, Ca. The funding also brings about the addition of two new members to the company's board of directors: Hector Sepulveda, Managing Partner at Mountain Nazca, and Travis Bradford, Professor of Practice and Director of the Energy and Environment graduate program at Columbia University.

As has long since been my position, brands like Alta that focus on the high performance aspect of applying electric power to motorcycles are the most exciting in the space. Economical, user-friendly commuters are more applicable to more riders, but with so many limits based on power storage and battery technology, it is my belief that companies should focus on making the best bikes possible to prove their superiority while the rest of the world figures out how to get more storage out of smaller batteries.

Alta Redshift
Alta Motors Redshift MXCourtesy of Alta

Alta has done a great job at achieving that with the Redshift, but they have something much bigger in store.

"Alta has taken a Trojan horse approach to this market since its inception, delivering a robust and exciting motorcycle into the performance off-road segment. But underneath, Alta has quietly achieved amazing success in advanced core vehicle technologies including the highest energy density of any commercialized pack in transportation, even Tesla's," says Travis Bradford.

He continues, "It now holds a portfolio of patents for its proprietary battery pack, drivetrain, and chassis technologies. The fundamental advantage of this IP is that it gives Alta both performance/cost and performance/weight ratios that put it years ahead of the rest of the industry, and all of this technology is now commercialized and vetted in the most demanding environment a vehicle can face. Pretty impressive stuff."

So, not only did Alta build a killer dirtbike, but they've also packed the most power into any battery pack in the auto/moto space.

Alta Redshift
No engine, no problem.Jeff Allen

The current commercialized battery pack is capable of storing 185 Wh/kg, but the team at Alta claims they plan on achieving 22Wh/kg in their production battery packs the next three years.

While I'm sure many of us would love to see more performance minded bikes from the Bay Area company, their press release says they're broadening their horizons to the $125 billion dollar lightweight vehicle market (think mopeds, scooters, tuk-tuks, motorcycles, side by sides, and delivery drones). Whether that means producing them themselves or licensing their technology for use in their development is still yet to be seen.