Tech Company Financing Transactions
Lightning Systems Funding Round
BP Ventures and Cupola Infrastructure Income Fund participated in a $41 million funding round for Lightning Systems. This venture round closed on 12/5/2019.
Transaction Overview
Company Name
Announced On
12/5/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$41,000,000
Round
Undisclosed
Investors
BP Ventures (Lead Investor) (David Hayes)
Proceeds Purpose
The proceeds from the new funding will be used to ramp up production to fulfill new orders for electric powertrains for Ford Transits, Ford E-450s, Ford F-59 step vans, Chevrolet Low Cab Forward 6500XD trucks and Lightning Electric city buses.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
815 14th St. SW A100
Loveland, CO 80537
USA
Loveland, CO 80537
USA
Phone
Website
Email Address
Overview
Lightning Systems designs and manufactures zero-emission all-electric powertrains for medium- and heavy-duty vehicles, including delivery trucks, shuttle buses, passenger vans, chassis-cab models, and city transit buses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Robert Fenwick-Smith
Chief Executive Officer
Timothy Reeser
Chief Technical Officer
William Kelley
Vice President
Brian Johnston
VP - Bus. Development
Nick Bettis
VP - Engineering
Tyler Yadon
VP - Finance
Carol Murin
VP - Operations
Brandon McNeil
VP - Product Management
Keith Lehmeier
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