Windrose Technology raised US$110 million in a Series B financing led by HSBC, HITE Hedge Asset Management, and Goodman Group to accelerate the testing and deployment of electric long-haul trucks globally.
Amount Raised
$110 Million
Round Type
Series B
Investors
Description
Windrose Technology has completed the second phase of its Series B financing, raising the total funding to US$110 million. The investors of this round include HSBC, HITE Hedge Asset Management, Goodman Group, and executives from global brands and logistics companies. The proceeds will be used to accelerate the testing and deployment of electric long-haul trucks globally, set up a new supply chain center and production facility, and implement fast-charging infrastructure.
Quick answer
Windrose Technology raised $110 Million in a Series B round, dated April 11, 2024. Investors: Goodman Group, HITE Hedge Asset Management and HSBC.
- How much did Windrose Technology raise?
- Windrose Technology raised $110 Million in a Series B round on April 11, 2024.
- Who invested in Windrose Technology?
- Goodman Group, HITE Hedge Asset Management and HSBC are named as investors in this round.
- What does Windrose Technology do?
- Windrose Technology is a developer of zero-emissions and intelligent long-haul trucks to revolutionize the road freight business in China, the United States, Europe, and other markets.
- Who are the decision-makers at Windrose Technology?
- Fundz holds 1 contact at Windrose Technology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Windrose Technology that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Zeno raised $1.9M on May 15, 2024.
- Zypp Electric raised $40M (Series C) on April 12, 2024.
- Blitz Electric Mobility raised $1.6M (Seed) on March 19, 2024.
- Zelos Technology raised $100M (Series A) on February 27, 2024.
- GoodShip raised $8M (Series A) on May 16, 2024.
Who to call at Windrose Technology, and when
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- An alert the day Windrose Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Funding Insights
What this usually meansWindrose Technology 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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