D
Damon
Making high performance electric motorcycles that are safer and smarter to unleash the full potential for the world’s commuters
About Damon
Damon Motorcycles, a Vancouver-based company founded in 2017 by Jay Giraud and Dom Kwong, operates in the electric vehicle market with a focus on high-performance electric motorcycles. The venture was born from Giraud's personal experience with a motorcycle accident, which fueled a mission to enhance rider safety through technology. Kwong, an engineer with a background in consumer electronics, complements this vision with his technical expertise. The company's business model is primarily direct-to-consumer, which allows for higher margin retention and a direct feedback loop from customers. It also explores subscription plans and has outlined four potential revenue streams: Personal Mobility, Data Intelligence, Licensing and Engineering Services, and Special Projects.
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Damon's product lineup is centered around its proprietary HyperDrive™ platform, the world's first monocoque-constructed, all-electric powertrain that serves as the structural core for all its motorcycle models. This modular platform supports a range of models, including the flagship HyperSport and the HyperFighter streetfighter. The HyperSport series boasts impressive performance metrics, with top-tier models offering 200 horsepower, a 200-mph top speed, and a range of over 200 miles. A key differentiator for Damon is its suite of advanced technologies aimed at improving rider safety and experience. The CoPilot™ advanced warning system utilizes radar, cameras, and an onboard neural net to monitor up to 64 objects around the motorcycle, providing 360-degree awareness. Alerts are delivered through haptic feedback in the handlebars and LED indicators on the windscreen. Another significant feature is the Shift™ technology, which allows riders to electronically adjust the motorcycle's ergonomics—including handlebars, seat, and footpegs—between sport and commuter positions while in motion.
The company targets a new generation of motorcyclists who prioritize both performance and safety. By integrating AI, sensor fusion, and robotics, Damon aims to create a safer and more connected riding experience. Data collected from the motorcycles is used to continuously improve the system's predictive algorithms through over-the-air updates, making the entire fleet of bikes smarter over time. Despite securing significant pre-order numbers and funding, the company has faced production delays and financial challenges. In early 2025, Damon announced a strategic collaboration with Italian engineering firm Engines Engineering to accelerate the development and validation of its HyperSport technology, signaling a shift towards a more capital-efficient, asset-light business model.
At a glance
- Status
- Listed
- Founded
- 2017
- Headquarters
- Vancouver, Canada
- Listing
- IPO 2024
- Employees
- 19
- Open positions
- None listed
- Dealroom signal
- 62.3/100
- Sub-industry
- Mobility, Autonomous & Sensor Tech, Vehicle Production
- Sector
- Transportation, Automotive, Cloud Computing
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning, Deep Learning, Autonomous & Sensor Tech, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO DEBTDebt | Jan 2026 | $300K | — | Undisclosed | ↗ |
| POST IPO EQUITYOther financing | Mar 2025 | $17M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth |
|---|---|---|
| 2026 | $223K | 0% |
| 2025 | $223K | — |
Growth signals
Latest recorded traffic for Damon is 17K monthly website visits, down 39.3% over the last three months. Damon's team declined 38.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Techstars
Pallasite Ventures
Extreme Venture Partners
Series A6 investors entered at this stage
Round13 Capital
Ark Canada Investment Group
Sol Global investments- ZIZirmania
Benevolent Capital- HLHouse of Lithium
Series B and later1 investor entered at this stage
Indika Group
Other known investors5 additional known investors
Creative Destruction Lab
Joint Journey
Nurture Ventures
Right Side Capital Management
Riyadh Techstars Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Damon on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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