Electric Scooter Motor Maker Raises $263,000

Subsidiary KLD Motors America Inc. is engineering an electric motor for scooters in Vietnam.

Published: 14-Dec-2009

Electric scooter motor start-up KLD Energy Technologies Inc. has raised $262,505 of a planned $2.1 million round of financing.

Austin-based KLD Energy acquired the funding from seven investors, according to a filing with the U.S. Securities and Exchange Commission.

Investors include Austin-based venture capital firm Daylight Partners. As part of the deal, Richard Hunter, a partner with Daylight, joined the company’s board of directors, officials said. KLD Energy also appointed serial entrepreneur John Constantine to its board. He has co-founded seven companies, four of which are based in Central Texas.

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