Tech Company Financing Transactions
Harbinger Motors Funding Round
Harbinger Motors closed a $60 million Series A investment round on 9/20/2023. Investors included Ridgeline Ventures, THOR Industries and Acequia Capital.
Transaction Overview
Company Name
Announced On
9/20/2023
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series A
Investors
Ridgeline Ventures (Lead Investor) (Ryan Clinton)
THOR Industries (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate progress toward the production of its electric stripped chassis designed to address the performance, durability, and lifespan expectations required of Class 4 to Class 6 vehicles, and to double its workforce over the next year to 120 employees at headquarters in Garden Grove, California.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
12821 Knott Street
Garden Grove, CA 92841
USA
Garden Grove, CA 92841
USA
Phone
Undisclosed
Website
Email Address
Overview
Harbinger is a commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation. Harbinger's best-in-class team of EV, battery, and drivetrain experts have pooled their deep experience to support the growing demand for medium-duty EVs. Leveraging a foundation of proprietary, in-house developed vehicle technologies designed specifically for commercial vehicles, Harbinger is bringing a first-of-its-kind EV platform to market, priced for zero acquisition premium.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Harris
Chief Financial Officer
Benjamin Dusastre
Chief Operating Officer
William Eberts
Chief Technical Officer
Phillip Weicker
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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