Land, a Cleveland, OH-based electric mobility and portable battery manufacturer, raised $3M in funding.
The backers were not disclosed.
The company intends to use the funds to help scale production and innovation of its cloud-connected CORE battery system.
Founded in 2020 by Scott Colosimo, Land is based on the principle that energy continuity and mobility are essential to modern life. It provides a transitional e-Moto ecosystem with a portable power platform (CORE). Newly developed technology from the company allows users to distribute energy from the battery, providing a portable power source on and off the grid. By plugging in the ‘Power Tap’ accessory to the electric vehicle, consumers can charge other devices, including phones, laptops and household appliances, through the USB-C port and standard plug.
The products are manufactured in Cleveland. Land closed a Series A round in September 2023, raising $7m to upgrade its 30,000-square-foot facility and expand its team. The funds helped the company make more new vehicles in 2023 than any year prior and enter a second production run of The District, which includes the Power Tap technology and onboard charging.
FinSMEs
19/01/2024