Thu. Sep 21st, 2023

Land Raises Series A Funding

DATE: MAY 31, 2023

Land, a Cleveland, OH-based electric mobility and portable battery manufacturer, raised an undisclosed amount in Series A funding.

The round was led by Ancora, with participation from other investors across the United States.

The company intends to use the funds to:

  • expand its production team
  • build the electric vehicles at its newly renovated 30,000-square-foot manufacturing facility
  • complete and ship customer orders,
  • develop The District’s platform and portable battery pack, which is a connected power source that can be used by businesses and consumers to reduce their carbon footprint.

Led by CEO and Founder Scott Colosimo, Land provides a transitional eMoto ecosystem with a portable power platform (CORE). They have personally designed The District and the platform (CORE) from the ground up to be compact, lightweight, and versatile to meet the needs of a range of riders, from beginners to experienced motorcyclists. Featuring four speed settings, from e-bike (27 mph) to e-motorcycle (over 70 mph), The District can legally be taken on and off road to offer users an electrifying experience.


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