Amount Raised
$10 Million
Round Type
Funding Round
VancouverSoftwareTransportationDescription
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, and clean diesel vehicles, announces that, further to its news release dated September 27, 2021, it has closed its non-brokered financing of unsecured debenture units (each a "Unit") in the principal amount of CAD$10,300,000 (the "Offering"). The Company will use the proceeds for general working capital and to fund contract requirements for recently received Vicinity bus orders.
Quick answer
Vicinity Motor raised $10 Million in a Funding Round round, dated October 5, 2021. Vicinity Motor is based in Vancouver, Washington, United States.
- How much did Vicinity Motor raise?
- Vicinity Motor raised $10 Million in a Funding Round round on October 5, 2021.
- 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.
- Olo raised $103M on November 18, 2021.
- ParcelHero raised an undisclosed amount on November 4, 2021.
- Autobrains raised $101M (Series C) on November 1, 2021.
- Tactile Mobility raised $27M (Funding Round) on October 27, 2021.
- CLEAR Secure raised $75M (Funding Round) on October 24, 2021.
- Bolt raised $288M on October 8, 2021.
Who to call at Vicinity Motor, and when
A new round usually means Vicinity Motor is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Vicinity Motor raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Vicinity Motor, from your own LinkedIn network
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Fundz sees it the moment Vicinity Motor raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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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