Buy a car
from the safety of your home.
Connect with our dealer and finance partners through our site and ask for details regarding their at-home car buying services.
  • Video car tours
  • E-transaction: complete paperwork online
  • Vehicle home delivery
  • Enhanced vehicle sanitization

Fisker Gets $65M More to Make Karma Real

September 10, 2008
In another step in the race for plug-in primacy, Fisker Automotive, Inc., which introduced the lauded, radically styled, four-door plug-in-hybrid Karma in January at Detroit's NAIAS, today announces completion of its Series C financing round--which means more money to bring the Karma full circle from concept to reality.

Funding came to completion September 4 with a large private investment by Qatar Investment Authority (QIA), bringing the total investment in Fisker's project to $65 million. Investors from Palo Alto, Calif., firm Kleiner Perkins Caufield & Byers, and existing investors helped the firebrand company hit the significant financial watermark.

With Chevy fanning the eco-flames with recent picture leaks of its Volt, Toyota pushing back but promising a plug-in Prius, and Tesla Motors revising the drive system of its already rapid Roadster and planning a sedan as well, the race for the best electric car just keeps getting more interesting.--Colin Mathews

The Car Connection
See the winners »
The Car Connection
Commenting is closed for this article
Ratings and Reviews
Rate and review your car for The Car Connection
Review your car
The Car Connection Daily Headlines
I agree to receive emails from The Car Connection. I understand that I can unsubscribe at any time. Privacy Policy.
Thank you! Please check your email for confirmation.