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Developer of heavy duty electric trucks and charging depots

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United States United States
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Updated by Cleantech Group on 12/21/2022

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Date Company
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Date Partner Type
01/17/2023
CBRE CBRE
$400 million joint venture to develop network of charging depots for electric drayage trucks in California
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Confirmed by CBRE
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IPO INFORMATION

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Description

Date Investors Type Amount
01/18/2023 CBRE CBRE , Homecoming Capital Homecoming Capital , Obvious Ventures Obvious Ventures , Edison International Edison International , Overture VC Overture VC , Elemental Excelerator Elemental Excelerator , Climate Pledge Fund Climate Pledge Fund (7)
Post-money valuation of
Funding will be used to develop a network of charging depots in Oakland and Los Angeles.
Series A $15,000,000
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