There's been a string of bad news for vehicle startups in recent months including Fisker, Think and Next Autoworks. Other than the difficult market for electric cars and the recession, what's something that ties these companies together: funding from Valley firm Kleiner Perkins.
According to a filing today, Fisker has boosted its latest equity funding round to $175 million, and has already raised $100 million of that. The company is backed by Kleiner Perkins, A123Systems, and Ace Investments.... Read Post
Hybrid electric car manufacturer Fisker Automotive delivered its first production model electric car for consumers, the Fisker Karma, to Kleiner Perkins Caufield & Byers partner Ray Lane (pictured right) on Tuesday. Fisker Automotiv... Read Post