Harbinger raises $240M after expanding into defense
Series D co-led by Tiger Global, Capricorn and Ridgeline; FedEx places first large order for 2,000 trucks valued at more than $300M
Electric truck startup Harbinger has raised $240 million in Series D funding, co-led by Tiger Global, Capricorn’s technology impact fund, and defense-focused firm Ridgeline, as the Los Angeles company expands into battery storage and defense applications. According to Bloomberg News, the round brings Harbinger’s total funding to more than $650 million. It includes another investment from FedEx, which also placed its first large order for 2,000 trucks valued at more than $300 million.