Fisker Automotive has reportedly snagged an additional $100 million through its latest round of private fundraising, according to Automotive News (sub.req.). This adds to the $40 million Fisker raised back in March, the $150 million it snatched up in February, the $300 million it had raised prior to that, the $529 million awarded from the U.S. Department of Energy, and the $21.5 million in grants and loans it received from the state of Delaware. In total, between public funds and private investments, Fisker has now raised in excess of $1.1 billion but has not yet delivered its first vehicle.
The Irvine, CA-based automaker apparently disclosed the additional funds in a filing with the U.S. Securities and Exchange Commission, without identifying the investors. Automotive News reached out to Fisker spokesman Roger Ormisher for comment, but he didn't immediately respond. Back in April, Ormisher told Delaware Online that the automaker had "no specific usage" for the $40 million it had raised, stating that the money would provide a "comfortable cushion." Therefore, we can only assume that an extra $100 million will yield an extra comfortable cushion.
[Source: Automotive News – sub. req.]