Los Angeles-based electric truck startup Harbinger has raised $160 million in a Series C funding round, co-led by FedEx, to scale up production of its commercial vehicle program. FedEx has ordered 53 of Harbinger’s electric truck chassis, expected to be ready by the end of this year.
Founded in 2022 by former employees of Canoo and QuantumScape, Harbinger focuses on building medium-duty, commercial truck chassis. This focus helped the company raise a $100 million Series B in January and start production this year. FedEx is Harbinger’s most recognizable customer, with THOR Industries also co-leading the Series C round.
Harbinger has sold over 200 chassis this year and recently expanded into the Canadian market. The company aims to lead the mass adoption of electric trucks in the medium-duty sector, addressing the demand for innovation and sustainable business practices.