Tech Company Financing Transactions
Grounded Funding Round
Private investors participated in a $5 million Seed funding round for Grounded. The round was announced on 8/18/2026.
Transaction Overview
Company Name
Announced On
8/18/2026
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to stand up its new box platform manufacturing line (including tooling, equipment, and R&D), build out a 50,000-square-foot production facility in Detroit, and grow its manufacturing, engineering, and sales teams.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
2050 15th St
Detroit, MI 48216
USA
Detroit, MI 48216
USA
Phone
Website
Email Address
Overview
Grounded builds highly reliable, fully electric recreational vehicles for self-sustainability on the road.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Shapiro
Browse more venture capital transactions:
Prev: 8/18/2026: Camo Hospitality venture capital transaction
Next: 8/18/2026: Enginprime Medical venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs