Tech Company Financing Transactions

Battle Motors Funding Round

Battle Motors closed a $150 million Series B financing round on 9/6/2022. Backers included Crane Carrier Company.

Transaction Overview

Company Name
Announced On
9/6/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors

Crane Carrier Company (Lead Investor)

Proceeds Purpose
The proceeds from this capital raise will be used to expand production throughput to 16 trucks per day, fulfill existing order backlog, expand EV manufacturing capabilities, and general corporate purposes.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
1951 Reiser Ave SE
New Philadelphia, OH 44663
USA
Email Address
Overview
Battle Motors is a leader in the vocational truck industry, providing custom, severe-service chassis and purpose built vehicles for the refuse and recycling, infrastructure maintenance, ground support, agriculture and oil and gas industries under Battle Motors Engineered Chassis brands.
Profile
Battle Motors LinkedIn Company Profile
Social Media
Battle Motors Company Twitter Account
Company News
Battle Motors News
Facebook
Battle Motors on Facebook
YouTube
Battle Motors on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Patterson
  Michael Patterson LinkedIn Profile  Michael Patterson Twitter Account  Michael Patterson News  Michael Patterson on Facebook
Chief Financial Officer
Oliver Weilandt
  Oliver Weilandt LinkedIn Profile  Oliver Weilandt Twitter Account  Oliver Weilandt News  Oliver Weilandt on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/6/2022: Bitwarden venture capital transaction
Next: 9/6/2022: Lightyear venture capital transaction

 

Share this article

 


About Database of VC Transactions

We report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary