Tech Company Financing Transactions
Orange EV Funding Round
Orange EV closed a $35 million funding round on 8/4/2022. Investors included Crown Capital Investments and S2G Ventures.
Transaction Overview
Company Name
Announced On
8/4/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Crown Capital Investments (Lead Investor)
S2G Ventures (Lead Investor) (Stephan Feilhauer)
Proceeds Purpose
The investment will allow Orange EV to scale its manufacturing to meet tremendous demand increases, deliver class-leading vehicles to new markets, and develop new technologies that will increase the company's lead in the Class 8 commercial vehicle segment.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
5710 NW 41st St
Riverside, MT 64150
USA
Riverside, MT 64150
USA
Phone
Website
Email Address
Overview
Orange EV builds, sells, and services industrial electric vehicles for some of the most successful companies in the world. Founded in 2012, Riverside, Missouri-based Orange EV was the nation's first manufacturer to offer 100 percent electric Class 8 vehicles. Since delivering our first terminal truck in 2015, we have delivered over 450 trucks (for more than 130 fleets) across 28 states, along with Canada and the Caribbean. Cumulatively, Orange EV trucks have surpassed 5.8 million miles and 1.7 million duty hours.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wayne Mathisen
Chief Financial Officer
Joe Marsh
Chief Technical Officer
Kurt Neutgens
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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