Tech Company Financing Transactions
Electra Vehicles Funding Round
Electra Vehicles, based in Boston, secured $21 million from Stellantis, United Ventures and BlackBerry Limited.
Transaction Overview
Company Name
Announced On
2/24/2023
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Stellantis (Lead Investor)
United Ventures (Lead Investor)
Club degli Investitori (Marco Morchio)
LIFTT (Guido Panizza)
Proceeds Purpose
The company intends to use the funds to accelerate its go-to-market strategy and to scale operations by expanding the technology and sales teams and entering the Italian and European markets.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
110 K St. 330
Boston, MA 02127
USA
Boston, MA 02127
USA
Phone
Website
Email Address
Overview
Electra Vehicles is a leading B2B AI software company headquartered in Boston, USA that produces Cloud and onboard software to optimize the performance of any battery system on any vehicle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fabrizio Martini
VP - Marketing
Britany Straley
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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