
LAND Energy (Automotive)
Offers an E Moto ecosystem with a single, hot swap power platform (CORE).
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | $3.0m Valuation: $20.8m | Early VC |
Total Funding | 000k |
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LAND Energy, a Cleveland-based company, is positioned at the intersection of electric mobility and portable power solutions. Founded in 2020 by Scott Colosimo, the company's primary focus is on a connected, swappable battery platform called CORE, with its electric motorcycles serving as the initial application for this technology. Colosimo's background includes founding the motorcycle manufacturer Cleveland CycleWerks in 2009, an experience that provided him with deep knowledge in vehicle manufacturing and global supply chains. The pivot to electric and the creation of LAND Energy stemmed from research and development in electric vehicles, which revealed the larger potential of a versatile energy platform. The decision to manufacture in Cleveland is a strategic move to leverage the region's rich automotive and hardware manufacturing expertise.
The company's business model centers on selling its electric motorcycle, "The District," directly to consumers while also offering its CORE battery technology as a plug-and-play solution for other original equipment manufacturers (OEMs) in sectors like light electric vehicles, marine, and RVs. This dual approach allows LAND to build a consumer brand and simultaneously establish itself as a B2B energy solutions provider. Revenue is generated from the sale of the e-motos, which start at around $6,995, and the associated battery packs and accessories. The firm has successfully raised capital through multiple funding rounds, including a $7 million Series A in September 2023 and a subsequent $3 million investment to scale battery production. Key investors include Ancora Holdings Group and BRITE Energy Innovators.
LAND's flagship product, The District, is a versatile electric vehicle available in Street and Scrambler models. A key feature is its multiple ride modes, allowing it to function as a Class 2 e-bike (up to 27 mph), an e-moped (up to 40 mph), or a full e-motorcycle with a top speed of over 70 mph. This adaptability is designed to appeal to a wide range of riders, from beginners to experienced motorcyclists. The motorcycle is powered by the CORE battery system, which is swappable and can be charged using a standard household outlet. Battery options offer a range of up to 120 miles. The CORE battery is more than just a power source; it functions as a portable power platform with USB-A and USB-C ports to charge personal devices and can even power appliances via a 'Power Tap' accessory, providing off-grid energy. The vehicle is constructed with high-quality components, including brakes from Magura and rear suspension from Fox.
Keywords: electric motorcycle, swappable battery, portable power platform, e-moto, CORE battery, Scott Colosimo, Cleveland manufacturing, light electric vehicle, energy storage, mobility tech, direct-to-consumer, B2B energy solutions, The District motorcycle, EV technology, sustainable mobility, urban transportation, off-road electric, vehicle-to-load, connected battery, venture capital-backed