Overview
Electric trucking startup Harbinger has raised $160 million in a funding round co-led by FedEx and THOR Industries. The funds will help Harbinger expand its portfolio beyond electric truck chassis and into advanced driver assistance technology through its acquisition of Phantom AI. The company expects to generate millions in revenue from this new software services line, which will be licensed to automakers by ZF Group.
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Investors: FedEx, THOR Industries
Electric trucking startup Harbinger has raised $160 million in a funding round co-led by FedEx and THOR Industries. The funds will help Harbinger expand its portfolio beyond electric truck chassis and into advanced driver assistance technology through its acquisition of Phantom AI. The company expects to generate millions in revenue from this new software services line, which will be licensed to automakers by ZF Group.