Amount Raised
$600 Million
Round Type
Funding Round
HangzhouManufacturingAutomotiveElectric VehicleInvestors
Description
Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China.
Quick answer
Farizon raised $600 Million in a Funding Round round, dated July 20, 2023. Investors: Industry Foundation Fo Xiangtan, Hidden Hill Capital, Linjiang Industry Group, United Clean Energy, Yuexiu Industrial Fund, Boyu Capital, Lmc Automotive and Rivian. Farizon is based in Hangzhou, Zhejiang, China.
- How much did Farizon raise?
- Farizon raised $600 Million in a Funding Round round on July 20, 2023.
- Who invested in Farizon?
- Industry Foundation Fo Xiangtan, Hidden Hill Capital, Linjiang Industry Group, United Clean Energy, Yuexiu Industrial Fund, Boyu Capital, Lmc Automotive and Rivian are named as investors in this round.
- What does Farizon do?
- Farizon Auto is the new energy commercial vehicle brand under Zhejiang Geely Farizon New Energy Commercial Vehicle Group.
- Where is Farizon based and how big is it?
- Farizon is based in Hangzhou, Zhejiang, China.
Source: Fundz verified event record.
Who else raised in Automotive and Electric Vehicle around the same time
Companies in the same sectors as Farizon that raised within 45 days of this round, from Fundz verified event records.
- Harbinger raised $73M on August 1, 2023.
- Aptera Motors raised $79K (Seed) on June 20, 2023.
- NIO raised an undisclosed amount on June 20, 2023.
- Altos Radar raised $3.5M (Seed) on August 14, 2023.
- Rocsys raised $36M (Funding Round) on July 11, 2023.
- OpConnect raised $3M (Seed) on June 26, 2023.
Who to call at Farizon, and when
A new round usually means Farizon is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Farizon raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Farizon, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Farizon. With Fundz connected, it knows.
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Fundz sees it the moment Farizon raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Farizon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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