Fisker ekes out $3M to put finishing touches on its swanky electric car
Fisker Automotive, maker of a luxury plug-in hybrid vehicle called the Karma, has squeezed an additional $3 million out of its private investors, bringing its total capital raised to more than $100 million — a staggering feat considering the state of the credit market. The Irvine, Calif. company raked in $65 million in September but says the recent addition to its third round is just the right amount to put finishing touches on the Karma… Continue Reading