Electric truck maker Harbinger raises $240M in Series D

· Automotive & EV · United States

Electric truck maker Harbinger has raised $240 million in a Series D funding round, following a $300 million order from FedEx and a defense contract with the US military. The company has been accumulating wins in recent months. The new capital gives Harbinger more resources to scale production and delivery of its electric trucks as commercial fleet operators test electrification. The raise signals continued investor appetite for electric commercial vehicles even as some consumer EV segments face slower growth.

Why it matters:Harbinger's fundraising, set against a large FedEx order and a military contract, shows where capital is flowing in commercial EV trucking and could accelerate fleet electrification.

Key points

  • The Series D round totaled $240 million
  • The company previously won a $300 million order from FedEx
  • Harbinger also holds a defense contract with the US military

Sources (original reporting)

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