Faraday Future Announces Significant New Financing And Effective Form S-1/A Registration Statement
Round Type
Funding Round
New YorkOtherFinancial ServicesArtificial IntelligenceAutomotiveRoboticsDescription
Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has reached an agreement for a new standby equity line of credit (“ELOC”) with an affiliate of Yorkville Advisors Global, LP (“Yorkville”). The facility has an initial commitment of $200 million which can be increased to up to $350 million at the Company’s option. The ELOC will significantly improve Faraday Future’s financial flexibility and advance its progress toward launching the FF 91.
Quick answer
Faraday Future Intelligent Electric raised an undisclosed amount in a Funding Round round, dated November 14, 2022. Faraday Future Intelligent Electric is based in New York, New York, United States.
- How much did Faraday Future Intelligent Electric raise?
- Faraday Future Intelligent Electric raised an undisclosed amount in a Funding Round round on November 14, 2022.
- What does Faraday Future Intelligent Electric do?
- Faraday Future Intelligent Electric Inc. is a California-based global Embodied AI (EAI) ecosystem company.
- Where is Faraday Future Intelligent Electric based and how big is it?
- Faraday Future Intelligent Electric is based in New York, New York, United States. Fundz records about 560 employees.
- Who are the decision-makers at Faraday Future Intelligent Electric?
- Fundz holds 2 contacts at Faraday Future Intelligent Electric, including the Product Definition and Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Automotive around the same time
Companies in the same sectors as Faraday Future Intelligent Electric that raised within 45 days of this round, from Fundz verified event records.
Who to call at Faraday Future Intelligent Electric, and when
A new round usually means Faraday Future Intelligent Electric is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Faraday Future Intelligent Electric raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Faraday Future Intelligent Electric, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Faraday Future Intelligent Electric. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Faraday Future Intelligent Electric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Faraday Future Intelligent Electric 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.
5 screens from a live account. No signup.