Cdpq And Finalta Capital Support Lion Electric's Growth Strategy With $30-Million Bespoke Financing
Round Type
Funding Round
MontrealManufacturingAutomotiveDescription
Finalta Capital, one of Canada's largest private debt funds, CDPQ, a global investment group, and The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the closing of an agreement for a new credit facility for Lion funded equally by CDPQ and Finalta Capital.
Quick answer
Lion Electric Company raised an undisclosed amount in a Funding Round round, dated November 9, 2022. Lion Electric Company is based in Montreal, Quebec, Canada.
- How much did Lion Electric Company raise?
- Lion Electric Company raised an undisclosed amount in a Funding Round round on November 9, 2022.
- What does Lion Electric Company do?
- Lion Electric Company is a manufacturer of electric vehicles, particularly known for its electric school buses and trucks.
- Where is Lion Electric Company based and how big is it?
- Lion Electric Company is based in Montreal, Quebec, Canada.
- Who are the decision-makers at Lion Electric Company?
- Fundz holds 1 contact at Lion Electric Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Lion Electric Company that raised within 45 days of this round, from Fundz verified event records.
- Quantum Space raised an undisclosed amount (Funding Round) on December 13, 2022.
- Einride raised $500M (Funding Round) on December 7, 2022.
- Mullen Automotive raised an undisclosed amount (Funding Round) on November 17, 2022.
- Harbinger raised $94M on November 2, 2022.
- Turbo Wholesale Tires raised an undisclosed amount on November 1, 2022.
- Ionblox raised $24M (Series B) on October 26, 2022.
Who to call at Lion Electric Company, and when
A new round usually means Lion Electric Company is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lion Electric Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lion Electric Company, from your own LinkedIn network
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Fundz sees it the moment Lion Electric Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Lion Electric Company 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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