Faction is a Silicon Valley startup that develops driverless solutions based on light electric vehicles. The company was founded in February 2020 with a goal of revolutionizing micro-logistics and vehicle-on-demand. The company has engineered unique electric three-wheel vehicles that are developed at a fraction of the cost of a typical automobile.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/02/21 | $4,300,000 | Seed |
Fifty Years Trucks Venture Capital | undisclosed |
