Tech Company Financing Transactions

Faraday Future Funding Round

ATW Partners and Senyun International participated in a $90 million funding round for Faraday Future. The round was announced on 6/28/2023.

Transaction Overview

Company Name
Announced On
6/28/2023
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Undisclosed
Proceeds Purpose
Faraday is one of a litany of EV SPACs -- EV startups that went public via a merger with a special purpose acquisition company -- that has struggled to stay afloat. The company keeps burning through cash and putting its hand out for more, while pushing the delivery date of its vehicles. Against that backdrop, Faraday Future has also been investigated by the U.S. Securities and Exchange Commission and the Department of Justice, and suffered through one internal drama after another.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
18455 S Figueroa St.
Los Angeles, CA 90248
USA
Website
Email Address
Overview
Faraday Future is a design and technology company developing global solutions that re-imagine transportation, content, and ownership. At Faraday Future, we believe that today's cars do not meet today's needs. Technological innovations, energy constraints, urban crowding, and demanding lifestyles have each contributed to a fundamental shift in our relationships with our cars.
Profile
Faraday Future LinkedIn Company Profile
Social Media
Faraday Future Company Twitter Account
Company News
Faraday Future News
Facebook
Faraday Future on Facebook
YouTube
Faraday Future on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Carsten Breitfeld
  Carsten Breitfeld LinkedIn Profile  Carsten Breitfeld Twitter Account  Carsten Breitfeld News  Carsten Breitfeld on Facebook
Founder
Yueting Jia
  Yueting Jia LinkedIn Profile  Yueting Jia Twitter Account  Yueting Jia News  Yueting Jia on Facebook
VP - Human Resources
Vince Nguyen
  Vince Nguyen LinkedIn Profile  Vince Nguyen Twitter Account  Vince Nguyen News  Vince Nguyen on Facebook


 

 

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We record all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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