Cody
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Per https://wessiler.substack.com/p/a-tempered-analysis-of-the-25000
Slate Auto, an EV startup backed by Jeff Bezos, has reportedly told its employees that it has closed a Series B funding round, valued at at least $1.1 billion. This announcement follows a previous Series A funding round in 2023, where the company raised over $111 million. While the Series B funding details haven't been officially filed with the Securities and Exchange Commission, Delaware filings suggest the company authorized nearly 500 million preferred shares for the round.
Also per https://techcrunch.com/2025/04/08/inside-the-ev-startup-secretly-backed-by-jeff-bezos/
Slate has told employees that it closed a Series B late last year, according to multiple sources familiar with its funding. It has not yet filed any paperwork for the round with the Securities and Exchange Commission. The Delaware paperwork shows it authorized nearly 500 million preferred shares for the Series B priced at $2.37 per share. (Slate also authorized more than 400 million shares of common stock in the past year, though the filings did not state a price.)
The Delaware paperwork also lists Walter and Tull as new board members, suggesting the two invested in Slate’s Series B round. The two recently formed a $40 billion holding company to make investments. Walter and Tull could not be reached for comment.
Slate Auto, an EV startup backed by Jeff Bezos, has reportedly told its employees that it has closed a Series B funding round, valued at at least $1.1 billion. This announcement follows a previous Series A funding round in 2023, where the company raised over $111 million. While the Series B funding details haven't been officially filed with the Securities and Exchange Commission, Delaware filings suggest the company authorized nearly 500 million preferred shares for the round.
Also per https://techcrunch.com/2025/04/08/inside-the-ev-startup-secretly-backed-by-jeff-bezos/
Slate has told employees that it closed a Series B late last year, according to multiple sources familiar with its funding. It has not yet filed any paperwork for the round with the Securities and Exchange Commission. The Delaware paperwork shows it authorized nearly 500 million preferred shares for the Series B priced at $2.37 per share. (Slate also authorized more than 400 million shares of common stock in the past year, though the filings did not state a price.)
The Delaware paperwork also lists Walter and Tull as new board members, suggesting the two invested in Slate’s Series B round. The two recently formed a $40 billion holding company to make investments. Walter and Tull could not be reached for comment.
