Harbinger, an electric truck startup, has successfully raised $240 million in a Series D funding round, aimed at diversifying its product range to include battery storage and defense applications. The funding was co-led by Tiger Global and Ridgeline, with significant participation from FedEx, which has also placed a substantial order for 2,000 trucks valued over $300 million.
Founded in 2022, Harbinger has evolved from focusing solely on electric truck chassis to acquiring autonomy technology and developing hybrid emergency vehicles, indicating a strategic shift towards broader applications in both commercial and defense sectors.