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Volta Trucks announced the conclusion of a successful Series C funding round of €230 million. Existing New York-based investor, Luxor Capital Group, LP, led this funding round, while Stockholm-based initial seed investor and co-lead, Byggmästare Anders J Ahlström, extended its holding. The latest funding round will fund engineering and business.
The Volta Zero is the first purpose-built, full-electric 16-tonne commercial vehicle designed for sustainable inner-city logistics, where air quality is at its worst The Swedish company is focused.
Full-electric commercial vehicle manufacturer and services provider Volta Trucks announced the successful and oversubscribed conclusion of its Series C funding round with a €230-million (US$260-million) capital raise. The funding round was led by New York-based Luxor Capital, while initial seed investor, Byggmästare Anders J Ahlström of Stockholm, added to its.