Tech Company Financing Transactions
Battle Motors Funding Round
Battle Motors closed a $150 million Series B financing round on 9/6/2022. Backers included Crane Carrier Company.
Transaction Overview
Company Name
Announced On
9/6/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors
Crane Carrier Company (Lead Investor)
Proceeds Purpose
The proceeds from this capital raise will be used to expand production throughput to 16 trucks per day, fulfill existing order backlog, expand EV manufacturing capabilities, and general corporate purposes.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1951 Reiser Ave SE
New Philadelphia, OH 44663
USA
New Philadelphia, OH 44663
USA
Phone
Website
Email Address
Overview
Battle Motors is a leader in the vocational truck industry, providing custom, severe-service chassis and purpose built vehicles for the refuse and recycling, infrastructure maintenance, ground support, agriculture and oil and gas industries under Battle Motors Engineered Chassis brands.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/6/2022: Bitwarden venture capital transaction
Next: 9/6/2022: Lightyear venture capital transaction
Share this article
About Database of VC Transactions
We report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs