Lordstown Motors is an electric vehicle (EV) original equipment manufacturer (OEM) developing light duty commercial fleet vehicles.
Lordstown Motors is an automotive company that develops and manufactures light-duty electric trucks for sale to fleet customers. It has engineering, research, and development facilities in Farmington Hills, Michigan, and Irvine, California.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 7, 2022 | Post-IPO Equity | $170M | 1 | — | — | Detail |
Jul 23, 2021 | Post-IPO Equity | $400M | 1 | — | — | Detail |
Oct 26, 2020 | Post-IPO Equity | $500M | 5 | General Motors | — | Detail |
Oct 26, 2020 | IPO | — | — | — | — | Detail |
Jul 6, 2020 | Series Unknown | $10.08M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
General Motors | Yes | Post-IPO Equity |
Foxconn | — | Post-IPO Equity |
Yorkville Advisors | — | Post-IPO Equity |
BlackRock | — | Post-IPO Equity |
Federated Kaufmann Fund | — | Post-IPO Equity |
Fidelity Management and Research Company | — | Post-IPO Equity |
Wellington Management | — | Post-IPO Equity |