TELO Trucks Accelerates into the Future with a $5.4M Funding Boost for Urban EV Innovation

TELO Trucks is excited to announce that the company has raised $5,400,000 in its latest funding round—a significant milestone that propels its mission to create intelligently designed, compact electric vehicle trucks for both city living and weekend adventuring. At its core, TELO Trucks is dedicated to reimagining the electric vehicle experience by blending big truck utility with street-smart technology to form vehicles that are right-sized for urban and suburban environments. As the demand for sustainable transportation continues to surge, TELO Trucks is committed to meeting the growing need for practical trucks that offer versatile space for people and gear without excess bulk. The infusion of capital will primarily be used to enhance production capabilities, refine vehicle design, and expand the company’s reach in the burgeoning EV market. Founded by industry pioneers Jason Marks and Forrest North—whose extensive backgrounds include developing test systems for safety features on major automaker platforms and contributing to the early success of electric vehicles through ventures like the Tesla Roadster and Mission Motors—the company has already set high standards for performance and innovation. Adding to its exceptional leadership, TELO Trucks collaborated with the world-renowned designer and advisor Yves Béhar alongside Fuseproject to create a vehicle design that not only embodies efficiency and forward-thinking aesthetics but also paves the way toward a future with less wasted space on our roads and for our planet. This funding round signifies a transformative step for TELO Trucks as it continues to drive a more purposeful and responsible mobility future.