How much did Vicinity Motor raise?

Vicinity Motor raised $2.5 Million in a funding round on July 17, 2024.

Who are the decision-makers at Vicinity Motor?

Fundz holds 1 contact at Vicinity Motor. Names and contact details are shown to Fundz members.

Vicinity Motor reported raising $2.5 Million in an initial SEC Form D filing, from an offering of $2.5 Million

PRIVATEAug 01, 2024

Amount Raised

$2.5 Million

$2.5 Million sold, per SEC Form D (first sale Jul 17, 2024)

Round Type

Venture

VancouverSoftwareTransportation

Quick answer

Vicinity Motor raised $2.5 Million in a funding round, dated July 17, 2024. Vicinity Motor is based in Vancouver, Washington, United States.

How much did Vicinity Motor raise?: Vicinity Motor raised $2.5 Million in a funding round on July 17, 2024.
What does Vicinity Motor do?: Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) is a North American supplier of electric vehicles for both public and commercial enterprise use.
Where is Vicinity Motor based and how big is it?: Vicinity Motor is based in Vancouver, Washington, United States.
Who are the decision-makers at Vicinity Motor?: Fundz holds 1 contact at Vicinity Motor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Software around the same time

Companies in the same sectors as Vicinity Motor that raised within 45 days of this round, from Fundz verified event records.

Kazam EV Tech raised $8M (Funding Round) on August 12, 2024.
Onepak raised $20M (Private Equity) on July 31, 2024.
Serve Robotics raised $15M on July 24, 2024.
Qargo raised $13M (Series A) on June 6, 2024.
McEasy raised $11M (Series A) on June 5, 2024.
Ofload raised $31M (Series C) on June 3, 2024.

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Company Information

Company

Vicinity Motor

Location

Vancouver, Washington, United States

About

Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. The Company’s flagship line of Vicinity™ buses, which maintain a dominant market share in Canada, are produced by the Company’s world-class manufacturing partners or at the Company’s Buy America Act compliant assembly facility in Washington state. The Company’s innovative Vicinity Lightning™ EV bus, enabled through a tier-1 strategic supply agreement with BMW batteries and components, seeks to lead the global transition to more sustainable transit vehicles in the private and public markets.

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Vicinity Motor 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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