Luxor Capital Group led a $260m Series C funding round in Volta Trucks.

Luxor Capital Group, a private equity firm, led a $260m Series C funding round in Volta Trucks, a full-electric commercial vehicle manufacturer, with participation from Agility and Waypoint Capital. “The successful and oversubscribed conclusion of our Series C funding round gives us a positive external validation of our journey. As an innovator and disruptor in commercial vehicles, we are working at industry-leading pace and have significant ambitions. Today’s closing of the Series C funding round, bringing €230 million into the company, gives us the financial runway to be able to deliver on all our goals as we transition from a start-up to a manufacturer of full-electric trucks. The confirmation of our orderbook of over 5,000 vehicles with an orderbook value exceeding €1.2 billion, gives us and our investors, confidence that our pioneering product and service offering is both wanted and needed by our customers,” Essa Al-Saleh, Volta Trucks CEO.