Tech Company Financing Transactions
Indigo Technologies Funding Round
On 4/29/2025, Indigo Technologies landed $54 million in Series B funding from FedEx, FM Capital and Foxconn Technology Group.
Transaction Overview
Company Name
Announced On
4/29/2025
Transaction Type
Venture Equity
Amount
$54,000,000
Round
Series B
Proceeds Purpose
GO EVs will also be accessible via GO Loop service hubs that will maintain, charge and repair the EVs for drivers to access and earn a fair income with flexible hours.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
133 Scadding Avenue
Toronto, Ontario, M5A 4H8
CA
Toronto, Ontario, M5A 4H8
CA
Phone
Undisclosed
Website
Email Address
Overview
indiGO Provides Light Smart EVs For Sustainable Transport of People, Parcels & Food, indiGO Technologies, Inc. is a U.S.-based electric vehicle company headquartered in Woburn, Massachusetts, just 20 minutes outside of Boston. Originating out of mobility labs at MIT, and later formed as a private company, indiGO has literally reinvented the wheel to innovate a new car architecture from the ground up. By moving the motors to the wheels, an entirely new class of commercial fleet vehicles provide greater economics and experiences for fleet companies and their drivers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Will Graylin
Chief Financial Officer
Albert Li
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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