A single, anonymous investor has sunk £1m ($1.89m) into Norton Motorcycles after it launched a crowd-funding campaign to meet a £30 million order book for V4 and Atlas models.
Despite the investment, owner Stuart garner says he has not ruled out returning to the crowd-funding campaign at a later date.
“We were overwhelmed with interest from our loyal customers and fans during pre-registration, which has given us so much pride and confidence with what we’re doing here,” he said in a statement.
“We simply could not have done this without them.
“We know there has been a lot of excitement in people getting involved with Norton which is why we didn’t take this decision lightly and have decided to pause the campaign.
“We are thrilled that a single investor, who has been a long time rider and fan of Norton, has approached asking to help deliver our order book out to owners meaning we can accelerate the process earlier than expected.
“We will focus on this stage, as we want to get people riding our bikes, and will be keeping all those that registered up to date on how we’re doing and the next steps of Crowdcube.”
Stuart bought the Leicestershire company in 2008 and the Castle Donington factory now employs about 100 people and recently opened a new production line.