StoryFunding
Slate Auto raises $650 million Series C funding; deliveries on track for late 2026
Slate Auto closed a $650 million Series C funding round led by TWG Global, bringing total capital raised to $1.4 billion. The company confirmed base price of $24,950 and maintained late 2026 delivery timeline from its Warsaw, Indiana factory.
- $650 million Series C led by TWG Global (Mark Walter, Thomas Tull).
- Base price confirmed at $24,950.
- 205-mile range, 1,550 lbs payload capacity.
- Over 160,000 reservations at $50 deposit.