Tech Company Financing Transactions
Orange EV Funding Round
Orange EV, operating out of Riverside, raised $100 million from Wells Fargo & Co. and private investors.
Transaction Overview
Company Name
Announced On
8/13/2026
Transaction Type
Debt
Amount
$100,000,000
Round
Undisclosed
Investors
Wells Fargo & Co. (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support working capital needs, the continued expansion of OptiGrid, and the growth of its rental and leasing platform.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
5710 NW 41st St
Riverside, MT 64150
USA
Riverside, MT 64150
USA
Phone
Website
Email Address
Overview
Orange EV builds, sells, and services industrial electric vehicles for some of the most successful companies in the world. Founded in 2012, Riverside, Missouri-based Orange EV was the nation's first manufacturer to offer 100 percent electric Class 8 vehicles. Since delivering our first terminal truck in 2015, we have delivered over 450 trucks (for more than 130 fleets) across 28 states, along with Canada and the Caribbean. Cumulatively, Orange EV trucks have surpassed 5.8 million miles and 1.7 million duty hours.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wayne Mathisen
Chief Financial Officer
Joe Marsh
Chief Technical Officer
Kurt Neutgens
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