Tech Company Financing Transactions
Elio Motors Funding Round
Elio Motors closed a $17 million financing round on 2/11/2016. Backers included private investors.
Transaction Overview
Company Name
Announced On
2/11/2016
Transaction Type
Online Capital
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Those funds are currently being put to use in building the E-Series, which will help us with finalizing our engineering in such areas as durability, aerodynamics, and safety. We're excited to build these vehicles and, oddly enough, just as excited to tear them apart. It's a huge step in our development and a big part of our mission to get to production.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
2942 North 24th St. 114-700
Phoenix, AZ 85016
USA
Phoenix, AZ 85016
USA
Phone
Website
Email Address
Overview
Elio is literally a news-making machine. And our monthly newsletter will keep you updated on everything between now and the day your Elio arrives. Safe to say you're not going to be doing much reading for a while after that.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Holden
President
Stuart Lichter
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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