Range Energy

MobilityMountain View, California, USAFounded 2021
$32M
Total raised
2
Rounds
Series A
Stage
Trousdale Ventures
Last lead
Algorithmic summary

About Range Energy

Range Energy is a Mobility startup based in Mountain View, California, USA that has raised $32M in venture capital across 2 funding rounds since 2021. The company reached Series A stage in November 2022 with a $8M round led by institutional investors. Range Energy's investor base includes 4 institutional funds, with Trousdale Ventures leading the most recent equity round.

Range Energy develops the eTrailer System, an electrified axle and onboard battery pack that retrofits existing diesel semi-trailers to hybrid-electric operation—reducing fleet fuel consumption by up to 40% and enabling zero-emission refrigeration without replacing the tractor. Founded in 2021 by alumni of Tesla, Zoox, and Google ATAP, the Mountain View team has shipped a platform designed for the 6 million Class 8 trailers already on US roads that cannot be decarbonized through electric-tractor upgrades alone. First customer deliveries are expected in late 2026.

Funding rounds

Range Energy Funding Rounds Timeline

2 rounds · $32M raised · since 2021

RoundDateAmountValuationLead investorCo-investors
SeedNovember 2022$8MUP Partners, Yamaha Motor Ventures, R7
Series AFebruary 2024$24MTrousdale VenturesUP Partners, Yamaha Motor Ventures, R7
Investor network

Investors in Range Energy

4 institutional investors across 2 rounds

Lead investors

Co-investors

Frequently asked

Questions about Range Energy

How much has Range Energy raised?

Range Energy has raised $32M across 2 funding rounds since 2021.

Who are the investors of Range Energy?

Range Energy's investors include Trousdale Ventures, UP Partners, Yamaha Motor Ventures, R7.

When was Range Energy's last funding round?

Range Energy's most recent round was a $8M Seed in November 2022.

Where is Range Energy headquartered?

Range Energy is headquartered in Mountain View, California, USA, and was founded in 2021 by Ali Javidan, Fei Liu.