comparemela.com

Latest Breaking News On - New york based luxor - Page 1 : comparemela.com

the Swedish electric vehicle startup closed its Series C funding round with a €230 million capital raise

Nikola Backer Luxor Invests in European Electric-Truck Startup

Nikola Backer Luxor Invests in European Electric-Truck Startup Bloomberg 1/27/2021 Siddharth Philip © Bloomberg An electric charger in its cradle at Gridserve s new electric forecourt in Braintree, U.K., on Tuesday, Dec. 15, 2020. (Bloomberg) Nikola Corp. backer Luxor Capital Group LP is investing in European electric-truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia. Popular Searches Volta raised $20 million via a convertible-debt funding round led by New York-based Luxor, which has previously invested in startups including Lordstown Motors Corp. and Hyliion Holdings Corp., the Swedish company said in a statement. Volta will work on a plan to raise further funds this year, Chief Executive Officer Rob Fowler said in an interview. “Nothing is off the table and we’re assessing all different routes for business, both private and public,” he said.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.