Electric Truck Startup Harbinger Secures $240 Million Series D Funding
Harbinger, a Los Angeles-based electric truck manufacturer, has raised $240 million in a Series D funding round to expand its product portfolio into battery storage and defense applications. The round was co-led by Tiger Global, Capricorn’s technology impact fund, and Ridgeline. This latest injection brings the company's total funding to over $650 million. The capital infusion follows a significant commercial milestone with FedEx, which recently placed an order for 2,000 trucks valued at over $300 million. To further strengthen this partnership, FedEx Senior Vice President Paul Melander has joined Harbinger’s board of directors. Founded in 2022 by former employees of Canoo and QuantumScape, Harbinger is diversifying beyond its original electric truck chassis. The company's recent strategic moves include the acquisition of autonomy startup Phantom AI and the development of hybrid emergency vehicles and driverless platforms specifically designed for military use.
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Topics: autonomous vehicles defense technology electric trucks Series D funding venture capital
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