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Battle Motors Announces Series B Capital Raise Of $150 Million

PRIVATESep 06, 2022

Round Type

Series B

New PhiladelphiaOtherManufacturingTransportation

Description

Battle Motors, formerly Crane Carrier Company (CCC), has completed a Series B investment round with $150 million in new growth capital from a cornerstone global institutional investor. This capital raise follows a $120 million Series A investment round announced in December 2021. “We have validated our strategic growth initiatives and the attractive sector fundamentals while identifying additional market opportunity,” said Michael Patterson, CEO of Battle Motors.

Quick answer

Battle Motors raised an undisclosed amount in a Series B round, dated September 6, 2022. Battle Motors is based in New Philadelphia, Ohio, United States.

How much did Battle Motors raise?
Battle Motors raised an undisclosed amount in a Series B round on September 6, 2022.
What does Battle Motors do?
Battle Motors was founded in 2021 by Mike Patterson, the founder of Romeo Power and InAuth.
Where is Battle Motors based and how big is it?
Battle Motors is based in New Philadelphia, Ohio, United States.

Source: Fundz verified event record.

Who else raised in Transportation and Manufacturing around the same time

Companies in the same sectors as Battle Motors that raised within 45 days of this round, from Fundz verified event records.

  • Joby Aviation raised $60M on October 7, 2022.
  • Duos Technologies raised $4M (Seed) on September 30, 2022.
  • Gogoro raised $345M (Debt Financing) on September 28, 2022.
  • Empery Digital Inc. raised $27M on August 24, 2022.
  • Greenbrier raised $150M (Debt Financing) on August 3, 2022.
  • SUN METALON raised $5.6M (Funding Round) on October 21, 2022.

Who to call at Battle Motors, and when

A new round usually means Battle Motors is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Battle Motors raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Battle Motors, from your own LinkedIn network

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Company Information

Company

Battle Motors

Location

New Philadelphia, Ohio, United States

About

Battle Motors was founded in 2021 by Mike Patterson, the founder of Romeo Power and InAuth. Battle Motors is the leader in the vocational truck industry, providing work-ready diesel, clean natural gas (CNG), and now EV chassis designed and manufactured in North America for the refuse and recycling markets. Battle Motor's durable and dependable trucks are built to excel in a multitude of applications that now include middle-mile and last-mile delivery. For more information visit: www.battlemotors.com

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Fundz sees it the moment Battle Motors raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Battle Motors raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.