EV manufacturer Harbinger Motors raises $60 million in Series A funding

Harbinger Motors, a California-based automotive manufacturer, has secured $60 million in Series A funding from a diverse consortium of investors.

The investment will accelerate progress toward the production of the company’s electric stripped chassis, which is designed from the ground up to address the performance, durability and lifespan expectations for Class 4 to Class 6 vehicles.

Harbinger plans to double its workforce over the next year to 120 employees at its recently announced headquarters in Garden Grove, California.

THOR Industries, which is already collaborating with Harbinger to electrify its RVs, joined the Series A round as a co-lead investor.

“Harbinger’s focus on the medium-duty chassis market uniquely situates it to be a key partner to THOR,” said THOR Chief Operating Officer Todd Woelfer. “THOR is focused on offering a best-in-class solution for electric RVs, and Harbinger’s chassis will be a key component to our integrated solution.  Harbinger’s electric chassis offers game-changing driver experience, safety and vehicle operation.”

“The convergence of support from diverse industries underscores our broader vision and the impact Harbinger Motors aims to achieve,” said Harbinger CEO and co-founder John Harris. “This collective endorsement reaffirms our commitment to building sustainable transportation solutions and revolutionizing both commercial and specialty vehicles.”

“Rarely do early-stage companies execute on hard problems the way the team at Harbinger has through this milestone,” said Ryan Clinton, co-founder and Managing Partner of Ridgeline, one of the investors that joined the funding round. “The commitment of the larger strategic investors is a signal that Harbinger is on the cusp of electrifying a key market segment in logistics and transportation.”

Source: Harbinger Motors

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