Harbinger raises $160 million in a Series C co-led by FedEx as it scales production of its medium-duty electric truck chassis. FedEx orders 53 chassis expected to be ready by year-end, while THOR Industries and Capricorn Investment Group’s Technology Impact Fund also co-lead the round. Existing investors including Leitmotif, Tiger Global, Maniv Mobility, and Schematic Ventures participate; Harbinger says it has sold more than 200 chassis this year.
CVector, an industrial AI startup, raises a $1.5 million pre-seed round led by Schematic Ventures as it assures infrastructure customers it plans to remain independent. The company’s eight-person team deploys AI agents in chemicals, automotive, and energy, using operational signals such as weather data and algorithms that improve visibility into legacy utility grid-dispatch systems. Its software helps manufacturers and utilities manage and improve industrial operations.
Jul 2025 · TechCrunchNews article
Schematic Ventures
Operating Status: Operating
Schematic Ventures: A US-based venture capital fund investing in tech companies across supply chain, manufacturing, and transport sectors.