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Grounded secures a $5M Seed round to support the opening of a new 50,000-square-foot manufacturing facility for scaling its commercial fleet production.
PRIVATEAug 18, 2026•about 3 hours ago
Amount Raised
$5 Million
Round Type
Seed
Description
Grounded, based in Detroit, has closed a $5 million seed round to expand its production capabilities. The new 50,000-square-foot facility will significantly increase production capacity by 1,900%. This move will support the launch of a new vehicle-agnostic box platform. Grounded is known for its modular electric vehicles, which are a part of the advanced manufacturing and mobility sector.
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