Fisker Automotive to Receive Additional $85M for Development of Plug-In Hybrid Cars

IRVINE, Calif., April 6 /PRNewswire/ -- Fisker Automotive, Inc., a leading producer of advanced green technology automobiles, announced today it has entered into definitive agreements to receive an additional $85 million in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles. The financing is expected to be completed this month and will be the fourth and largest investment round since the company's inception in August 2007.


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