Harbinger raises $240M after expanding into defense

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In Brief

9:52 AM PST · November 5, 2026

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 also invested again after leading last year’s round, and other repeat investors included Maniv, Greycroft, and Leitmotif, a VC firm backed by Volkswagen.

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...

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