23 Daily — The Los Angeles-based startup Harbinger announced on November 5, 2026, that it has raised 40 million in a Series D funding round, expanding its portfolio to include electric trucks, battery storage, and defense applications. According to techcrunch.com, the company has now raised over $650 million and is accelerating its growth across multiple markets.
Series D Funding Led by Major Investors
The 40 million Series D round was co-led by Tiger Global, Capricorn’s technology impact fund, and the defense-focused firm Ridgeline. FedEx, which led the previous Series C round last year, continued its investment in this round. Other repeat investors include Maniv, Greycroft, and Leitmotif, a VC firm backed by Volkswagen. New to this round is institutional investor Fidelity Management, known for investing in pre-IPO startups. Harbinger is reportedly considering going public in the future.
Deeper Partnership with FedEx
Beyond additional funding, FedEx has strengthened its relationship with Harbinger. Paul Melander, FedEx’s senior vice president of safety and transportation, has joined Harbinger’s board of directors. Recently, FedEx placed a large order for 2,000 electric trucks valued at over $300 million, underscoring the growing collaboration between the two companies.
Diversifying into Military Defense and Emergency Vehicles
Founded in 2022 by former employees of the defunct EV startup Canoo and battery company QuantumScape, Harbinger initially focused on producing a single electric truck chassis. The company has since expanded its product offerings, acquiring autonomous driving startup Phantom AI, developing hybrid emergency vehicles, and unveiling a driverless hybrid electric platform aimed at military use, signaling its active expansion into defense markets.
Editor's take: Harbinger's diversified strategy highlights military opportunities and growth potential
With over $650 million raised to date, Harbinger has gained significant investor confidence in its electric and autonomous truck technologies. Its venture into military and emergency vehicles broadens market opportunities and aligns with global trends toward green energy and automation in defense. The startup’s integration of various technologies into multifunctional platforms enhances its competitive edge. Investors can monitor Harbinger's ongoing partnerships, such as with FedEx, and its military segment progress to validate its business model and growth trajectory through market engagement and sales performance.