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Fisker Inc. received a financing commitment of up to $150 million to advance its mission of creating sustainable electric vehicles and to continue negotiations with a large automaker for potential transaction and joint development.

Mar 18, 2024over 1 year ago

Amount Raised

$150 Million

Los AngelesAutomotiveManufacturing

Investors

Holder Of The Company’s 2025 Dated Convertible Notes

Description

Fisker Inc. announced a financing commitment from an existing investor providing up to $150 million of gross proceeds. The financing is intended to support Fisker's mission of creating sustainable electric vehicles and continuing negotiations with a large automaker for a potential transaction and joint development.

Company Information

Company

Fisker

Location

Los Angeles, California, United States

About

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. 3 (or approximate local currency equivalent)

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech