August 19, 2020

Electric Truck Startup Xos Raises $20 Million To Scale Production

A newly adopted landmark ruling requires more than half of all commercial trucks sold in California to be zero-emissions by 2035. Xos is one of the many startups building electric vehicles that could help companies meet that target. Xos, formerly Thor Trucks, has developed a skateboard chassis for fully-electric Class 6 trucks. Class 6 trucks …

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Logistics startup Forager secures more investors

Forager, a Chicago-based freight tech startup firm, recently snagged three new investors as the company continues to grow. Proeza Ventures, Industrious Ventures and Purple Arch Ventures have been added to Forager’s Series A round of financing, which initially closed in March and is now oversubscribed at $10.5 million. The funding will allow Forager to continue to …

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