Tech Company Financing Transactions
Range Energy Funding Round
On 2/28/2024, Range Energy raised $23.5 million in funding from Trousdale Ventures, R7 Partners and UP.Partners.
Transaction Overview
Company Name
Announced On
2/28/2024
Transaction Type
Venture Equity
Amount
$23,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its work on customer pilot programs in parallel with advancing towards full-scale production of its electric powered trailers, which are essential to the decarbonization of commercial fleets under pressure to meet emerging emissions reduction targets.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1060 La Avenida St.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Range accelerates the electrification of commercial transportation with powered trailers for the heavy-duty truck market. With a solution that can easily hook up to any tow vehicle, Range's powered trailer can rapidly ease the transition to electrification and meet its commercial partners' immediate needs and long-term ambitions. Range was founded in 2021 by a team of electrification experts responsible for multiple EV industry "firsts."
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Javidan
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