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Harbinger Raises $160 Million in Series C Funding Co-Led by FedEx, Capricorn and THOR Industries; FedEx Places Order for Delivery Beginning in 2025
Harbinger, a leading American-made medium-duty electric and hybrid vehicle manufacturer, today announced it has raised $160 million in a Series C funding round co-led by FedEx, the world's largest express transportation company; Capricorn's Technology Impact Fund, a multibillion-dollar investment firm backing leading companies in electrification; and the world's largest recreational vehicle (RV) manufacturer THOR Industries, known for its operating companies which include Airstream, Jayco, and m
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[{"type":"text","content":" FedEx leans into medium-class electric trucks to advance network transformation and business sustainability objectives ","length":118,"tagName":"p","attribs":{}},{"type":"text","content":"On the heels of debuting the Entegra Coach Embark range extended electric motorhome on Harbinger's platform, parent company THOR Industries deepens its investment in Harbinger","length":179,"tagName":"p","attribs":{}},{"type":"text","content":"GARDEN GROVE, Calif., Nov. 13, 2025 /PRNewswire/ -- Harbinger, a leading American-made medium-duty electric and hybrid vehicle manufacturer, today announced it has raised $160 million in a Series C funding round co-led by FedEx, the world's largest express transportation company; Capricorn's Technology Impact Fund, a multibillion-dollar investment firm backing leading companies in electrification; and the world's largest recreational vehicle (RV) manufacturer THOR Industries, known for its operating companies which include Airstream, Jayco, and more. The round also featured major participation from Ridgeline, a longtime Harbinger investor backed by FedEx. Additional previous Harbinger investors that participated in the round include Tiger Global; Leitmotif, a U.S. venture capital firm backed by Volkswagen; and venture capital firms Maniv Mobility, Schematic Ventures, Overture Climate, Ironspring Ventures, ArcTern Ventures, Litquidity Ventures, and The Coca-Cola System Sustainability Fund, managed by Greycroft. With this round, Harbinger has raised $358 million to date.","length":1107,"tagName":"p"},{"type":"image","alt":"FedEx placed an initial order for 53 Harbinger electric vehicles.","displaySize":"","headline":null,"caption":"FedEx placed an initial order for 53 Harbinger electric vehicles.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/7d890af493830ddc1f31b8410d951a18"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1UTjZGJWhd9vy4Im1Vn4pQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7d890af493830ddc1f31b8410d951a18","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2820390/Harbinger__FedEx_placed_an_initial_order_for_53_Harbinger_electric_vehicles.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","con...