Wednesday, May 5, 2010

Fisker Funding Target Up To $174.9M

Irvine-based electric vehicle maker Fisker Automotive has now pulled in $100.7M in its latest funding round, now targeted at $174.9M, according to a regulatory filing from the firm today. The firm announced commitments for $115.3M in private equity funding in January. No details have been released by the firm. Fisker is backed by A123 Systems, Ace Investments, and Kleiner Perkins Caufield & Byers. The firm said the investors were putting $115.3M into the company in January. At that time, the firm had indicated in its reg filings that it was targeting a total fundraising in this round of $150M. More information »