Electric truck maker Harbinger raises $240M Series D

· Energy · United States

Electric truck maker Harbinger has raised $240 million in a Series D funding round. The company has recently won a $300 million order from international shipping giant FedEx and a defense contract with the US military. The new capital follows those commercial wins and gives Harbinger more runway to scale production of its electric trucks. The fundraising is notable because capital for EV startups has become harder to secure as growth in electric vehicle demand has moderated in some segments. Commercial and defense customers are seen as more stable sources of demand than consumer markets, and Harbinger's order book reflects that shift.

Why it matters：The raise shows investors still funding electric commercial vehicles when consumer EV startups struggle, with fleet and defense demand as the anchor.

Key points

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

Sources (original reporting)

More stories from this day