Harbinger Raises $240 Million in Series D Funding

The round also included Fidelity Management & Research Company, Greycroft and PanaceaVC, Harbinger said Thursday. Ridgeline was listed among the other participants as well as a co-lead investor. The company said it will use the proceeds to expand its manufacturing platform.

Founded in 2021, Harbinger has now raised $650 million. Co-founder and Chief Executive Officer John Harris said electrification is central to the company’s work and is increasingly essential to defense, mobility and AI.

FedEx recently ordered 2,000 all-electric Harbinger trucks, valued at more than $300 million, according to the company. Harbinger’s other customers include Bimbo Bakeries and Airstream.