Categories

Archives

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

USA: Fisker Automotive Expands Latest Financing Round to $133 Million

Fisker Automotive Inc., the startup maker of plug-in hybrid luxury sports cars, doubled the amount of private equity investment sought in its latest financing round as it seeks funds to increase production.

The $66 million funding brings the total amount of private investment in the Anaheim, California based company to more than $766 million, according to company spokesman Roger Ormisher. It adds to the $67 million raised as part of the same financing round, according to a Dec. 1 filing, and follows the $305 million the company received in earlier investments this year.

“In the current market situation, we thought it prudent to continue this policy and raise money that was potentially available,” Fisker said today in an e-mailed statement. The company has expanded its target for the latest round to $300 million from $150 million.

More bloomberg.com

Share

Leave a Reply