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B Capital and Quona Capital led a $13.8m Series A roudn in Turno.

Synopsis

B Capital and Quona Capital led a $13.8m Series A round in Turno, an automobile company that provides 3 wheeled electric vehicles and financing to customers, with participation from Stellaris Venture Partners, Avaana Capital, Alteria Capital and InnoVen Capital. Turno’s proprietary battery second-life technology is revolutionizing EV lifecycle solutions and lowering EV ownership costs, making them more affordable and accessible, particularly for the commercial vehicle segment. The current funding will allow strengthening Turno’s battery technology platform and enter new geographies.

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