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Harbinger raises $240M after expanding into defense
Electric truck startup Harbinger raises $240M Series D after expanding into defense and battery storage
Key points
- Harbinger raised a $240 million Series D round, almost one year after its $160 million Series C.
- Tiger Global, Capricorn's technology impact fund and defense-focused Ridgeline co-led the Series D round.
- FedEx placed an order for 2,000 trucks valued at more than $300 million, and Paul Melander joined Harbinger's board.
Why it matters. Harbinger is reportedly weighing going public, and FedEx's 2,000-truck order valued at more than $300 million signals deepening commercial ties with the startup.
Los Angeles-based electric truck startup Harbinger raised a $240 million Series D, almost a year after its $160 million Series C. Tiger Global, Capricorn's technology impact fund and defense-focused Ridgeline co-led the round, with FedEx investing again after leading last year's round. The company has now raised more than $650 million in total, according to Bloomberg News, which first reported the round.
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Harbinger raises $240M after expanding into defense
The Los Angeles-based startup has now raised more than $650 million, and is working on electric trucks, emergency vehicles, and a driverless platform for the military. In Brief Posted: 9:52 AM PST · November 5, 2026 Image Credits: Harbinger Electric truck startup Harbinger has raised a $240 million Series D funding round as it expands its portfolio of products, including battery storage and defense applications. The funding comes almost one year to the day after the Los Angeles-based company announced a $160 million Series C, which included an initial truck order from FedEx. Harbinger has now raised more than $650 million to date, according to Bloomberg News, which first reported the round. The Series D was co-led by Tiger Global, Capricorn’s “technology impact fund,” and defense-focused firm Ridgeline. FedEx invested again after leading last year’s round, and other repeat investors included Maniv, Greycroft, and Leitmotif, a VC firm backed by Volkswagen . Also investing this time was institutional giant Fidelity Management, which tends to invest in pre-IPO startups. (Harbinger is reportedly weighing going public.) While it didn’t lead this round, FedEx’s relationship with Harbinger continues to deepen. The shipping giant’s senior vice president of safety and transportation, Paul Melander, has joined Harbinger’s board of directors. FedEx also recently placed its first large ord.