Fisker Automotive formally unveiled its upscale hybrid car today and said it has received an infusion of cash from Kleiner Perkins Caufield & Byers.
The investment is believed to be the first direct investment by Kleiner Perkins into an alternative car company. (Rumors swirled that the company invested in Phoenix Motorcars, but it was never confirmed, and Phoenix subsequently had delays). Fisker did not officially release the amount of the investment but Kleiner partner Ray Lane told the Wall Street Journal that the investment exceeds $10 million.
The company is founded by noted automotive designer Henrik Fisker. He came up … Read more