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Announced

Completed

Obvious Ventures and Prelude Ventures led a $34m Series B round in Lightship.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Friendly

Private

Private Equity

Single Bidder

recreational vehicles

Recreational Vehicles and Boats

United States

Minority

Venture Capital

Completed

Synopsis

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Obvious Ventures, a venture capital firm, and Prelude Ventures, an investment firm, led a $34m Series B round in Lightship, an American all-electric recreational vehicle company, with participation from Allegis Capital, THOR Industries, TechNexus Venture Collaborative, Congruent Ventures, HyperGuap, and Alumni Ventures. "Closing this fundraise ushers in a new chapter as we build the manufacturing system and supply chain to bring the L1 to production later this year. As great things often come in twos, we are also moving into our new pilot production facility in Broomfield, Colorado later this week," Lightship.

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