News

Highland Electric Raises $253M Financing

February 23, 2021Client News

Gunderson Dettmer represented client Highland Electric Transportation, a provider of turnkey fleet solutions delivering the latest in zero-emission technologies, in its $253 million financing led by Vision Ridge Partners.

In the announcement of the transaction, founder and CEO of Highland Electric Duncan McIntyre said, “Our goal is to use this capital to build the largest electric fleet company that delivers economic and environmental value to our customers and society. We are blessed with great customers and a growing team that includes outstanding investors and company builders.”

The Gunderson deal team was led by Michael Hacker and included Christopher Warren and Gabriella Stearns.