XL Hybrids Garners $10,500,000 New Round

  • Feed Type
  • Date
    8/28/2015
  • Company Name
    XL Hybrids
  • Mailing Address
    145 Newton Street Boston, MA 02135 USA
  • Company Description
    XL Hybrids provides hybrid vehicle solutions for commercial fleet owners. XL Hybrids delivers value to our customers by improving fleet fuel economy, reducing maintenance costs and significantly lowering emissions.
  • Website
    http://www.xlhybrids.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company plans to use some of its new funding to expand its technology so that it works in a wider range of vehicles from those and other auto makers.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed

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