Fisker Automotive to Receive Additional $85M
IRVINE, Calif., April 6/ -- Fisker Automotive, Inc., a leading producer of advanced greentechnology automobiles, announced today it has entered into definitive agreements to receive an additional$85 million in venture capital funding for the development and manufacturing of its Karma plug-in hybridautomobiles. The financing is expected to be completed this month and will be the fourth and largestinvestment round since the company's inception in August 2007.
