Tech Company Financing Transactions

XStream Trucking Funding Round

XStream Trucking, based in Redwood City, received $10.5 million from Autotech Ventures, Calibrate Ventures and FusionX Ventures.

Transaction Overview

Company Name
XStream Trucking
Announced On
5/31/2019
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors

Autotech Ventures (Lead Investor) (Maurice Gunderson)

Calibrate Ventures (Lead Investor) (Jason Schoettler)

FusionX Ventures

Root Ventures

Tandem Capital

Uncork Capital

Proceeds Purpose
The proceeds of the round will be used to accelerate the company's ability to deliver better fuel economy to the $700 billion U.S. trucking industry through innovative hardware and software solutions.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
899 Arguello St. A
Redwood City, CA 94063
USA
Phone
(415) 857-0263
Website
www.xstreamtrucking.com
Email Address
[email protected]
Overview
Established in 2014, XStream supplies active aerodynamics to the long-haul trucking industry. Its flagship technology, TruckWings, automatically closes the tractor-trailer gap, reducing a fleet's fuel bill without requiring additional actions by the driver or any trailer modifications.
Profile
XStream Trucking LinkedIn Company Profile
Social Media
XStream Trucking Company Twitter Account
Company News
XStream Trucking News
Facebook
XStream Trucking on Facebook
YouTube
XStream Trucking on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Burrows
  Daniel Burrows LinkedIn Profile  Daniel Burrows Twitter Account  Daniel Burrows News  Daniel Burrows on Facebook
VP - Regulatory Affairs
Benjamin Bowman
  Benjamin Bowman LinkedIn Profile  Benjamin Bowman Twitter Account  Benjamin Bowman News  Benjamin Bowman on Facebook
VP - Sales
Michael Hauer
  Michael Hauer LinkedIn Profile  Michael Hauer Twitter Account  Michael Hauer News  Michael Hauer on Facebook

 

 

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