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HomeFunding OH-based Land Secures $3M in Funding

[Funding alert] OH-based Land Secures $3M in Funding

OH-based Land Secures $3M in Funding. The backers were not disclosed. The funds will be utilised by the business to advance innovation and production scaling for its cloud-connected CORE battery technology.

OH-based Land Secures $3M in Funding. The backers were not disclosed. The funds will be utilised by the business to advance innovation and production scaling for its cloud-connected CORE battery technology.

Land was established in 2020 by Scott Colosimo on the concept that mobility and energy continuity are vital to contemporary living. It offers a portable power platform (CORE) along with a transitional e-Moto ecosystem.

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The company’s recently developed technology enables customers to disperse battery energy, offering a portable power source that can operate both off and on the grid.

Customers can utilise the USB-C connector and regular socket to charge other devices, like as phones, laptops, and domestic appliances, by connecting the “Power Tap” accessory to the electric vehicle.

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The items are produced in Cleveland. In September 2023, Land completed a $7 million Series A financing to renovate its 30,000 square foot building and grow its staff.

With the aid of the funding, the firm was able to produce more new cars in 2023 than it had in any previous year and launch a second production run of The District, which now included onboard charging and Power Tap technology.

Read also – Boston-based Digital Onboarding Secures $58M in Funding

About Land

With more than 50 years of combined experience, LAND develops, engineers, and hand-builds its high-quality items all under one roof in Cleveland. They invent to release free spirits eager to stray towards advancement and simplicity. In novel ways, their technology blends in with daily life with ease.

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