Range Energy Announces $23.5 Million in New Financing to Accelerate On-Road Decarbonization with Electric Powered Commercial Trailers
Amount Raised
$23.5 Million
Round Type
Seed
Mountain ViewManufacturingTransportationInvestors
Description
Range Energy announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures, with participation from UP.Partners, R7, and Yamaha Motor Ventures. The funding will be used to accelerate customer pilot programs, advance towards full-scale production of electric powered trailers, and invest resources towards the initial development of a new trailer data and telematics platform.
Quick answer
Range Energy raised $23.5 Million in a Seed round, dated February 28, 2024. Investors: Yamaha Motor Ventures, R7, Up.Partners and Phillip Sarofim’s Trousdale Ventures. Range Energy is based in Mountain View, California, United States.
- How much did Range Energy raise?
- Range Energy raised $23.5 Million in a Seed round on February 28, 2024.
- Who invested in Range Energy?
- Yamaha Motor Ventures, R7, Up.Partners and Phillip Sarofim’s Trousdale Ventures are named as investors in this round.
- What does Range Energy do?
- Range Energy accelerates the electrification of commercial transportation through its innovative system that converts diesel trucks to hybrid electric, enabling fleets to transition to electric transportation with no..
- Where is Range Energy based and how big is it?
- Range Energy is based in Mountain View, California, United States. Fundz records about 42 employees.
- Who are the decision-makers at Range Energy?
- Fundz holds 1 contact at Range Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Manufacturing around the same time
Companies in the same sectors as Range Energy that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- The Provenance Chain Network raised $4M (Seed) on April 2, 2024.
- Duos Technologies raised $3M (Seed) on March 22, 2024.
- Soriano Group raised $11M (Funding Round) on March 6, 2024.
- Hadrian raised $11M on February 20, 2024.
- BOXABL raised $3.2M (Seed) on April 13, 2024.
Who to call at Range Energy, and when
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- The decision-makers there, with verified emails
- Who you already know at Range Energy, from your own LinkedIn network
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Related People
Range Energy 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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