# Range Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/range-energy

- Industry: Transportation Services
- Headquarters: Mountain View, US
- Website: www.rangeenergy.com
- Total disclosed funding: $32M
- Latest round: Series A (Feb 28, 2024)
- Investors on record: 4

## About

Founded in 2021 and based in California, US, Range Energy, Inc. focuses on the electrification of commercial transportation via powered trailers for the heavy-duty truck market. The company was founded by Ali Javidan, a former Tesla engineer, with experience of building the first Model S, a hit product of Tesla. He is also a current venture partner at R7. In November 2022, Range Energy, Inc raised USD 8 million in seed funding co-led by new investors UP.Partners, R7 Partners, and Yamaha Motor Ventures. The company's main product is powered trailers which can be used to reduce emission and saving fuel. The trailer can hook up any two vehicles and reach reduction on greenhouse gas emission. The company plans to develop powered trailers for full scale development vehicles.

## Funding rounds

- Series A, Feb 28, 2024, $24M — R7 Partners, Yamaha Motor Ventures, Trousdale Ventures, UP.Partners
- Seed, Nov 28, 2022, $8M — R7 Partners, Yamaha Motor Ventures, UP.Partners

## Investors

- R7 Partners (https://capitalatlas.ai/funds/r7-partners) — Seed, Series A
- Yamaha Motor Ventures (https://capitalatlas.ai/funds/yamaha-motor-ventures) — Seed, Series A
- UP.Partners (https://capitalatlas.ai/funds/up-partners) — Seed, Series A
- Trousdale Ventures (https://capitalatlas.ai/funds/trousdale-ventures) — Series A