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Today: July 14, 2024
January 17, 2024
1 min read

Lightship Secures $34M in Series B Funding to Soar Higher

TLDR: Lightship Raises $34M in Series B Funding

Lightship, an all-electric RV company, has closed a $34 million Series B financing round. The funding was co-led by Obvious Ventures and Prelude Ventures, and joined by Allegis Capital, THOR Industries (a global RV manufacturer), and TechNexus Venture Collaborative. Lightship plans to use the funds to accelerate production of its Lightship L1 model.

Lightship, founded in 2020, designs and produces aerodynamic, battery-powered trailers for the electric age. The all-electric RV features a massive battery energy storage system, electric propulsion, and enough solar power to sustain the vehicle for a week off-grid. The company has a new production facility in Broomfield, Colorado, and expects to create high-tech engineering and manufacturing jobs as it scales up production to meet high demand.

Lightship sells its products directly to US consumers through its website at lightshiprv.com.

Key Points:

  • Lightship, an all-electric RV company, has raised $34 million in Series B funding.
  • The funding round was co-led by Obvious Ventures and Prelude Ventures, with participation from Allegis Capital, THOR Industries, and TechNexus Venture Collaborative.
  • Lightship plans to use the funds to accelerate production of its Lightship L1 model.
  • The company designs and produces aerodynamic, battery-powered trailers for the electric age, with features such as a massive battery energy storage system and enough solar power for a week off-grid.
  • The company has a new production facility in Broomfield, Colorado, and expects to create high-tech engineering and manufacturing jobs as it scales up production.

Overall, this funding round will provide Lightship with the necessary resources to increase production and meet the growing demand for its all-electric RVs. With the support of prominent investors and partners in the industry, Lightship is well-positioned to successfully expand its market presence and contribute to the transition to sustainable transportation.

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