Harbinger raises $240M after expanding into defense
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Harbinger has raised $240 million in new funding, bringing its total capital raised to more than $650 million. The Los Angeles-based startup is developing electric trucks, emergency vehicles, and a driverless platform for the military after expanding into the defense market. The fresh capital signals continued investor appetite for electric and autonomous vehicle technology aimed at both commercial and government customers. Harbinger's push into defense reflects a broader trend of EV startups diversifying beyond consumer and fleet markets. What to watch next is how quickly Harbinger converts its expanded war chest into production and military contracts.
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Named in this story
Harbinger, Los Angeles