Series Unknown Funded Transportation Startups
Among the 50 transportation startups labeled “Series Unknown,” the largest disclosed round is Fnm’s $1.2B (2025-07-22).
Among the 50 transportation startups labeled “Series Unknown,” the largest disclosed round is Fnm’s $1.2B (2025-07-22). That single check dwarfs the rest of the disclosed amounts: the next-highest disclosures include Volcon at $501M (2025-07-17), Pyxis Tankers at $45M (2025-05-07), and multiple mid-to-high nine-figure entries sit between roughly $99M–$210M (e.g., NERIC $99M on 2024-12-16; SynXGlobal $22M on 2024-09-18; SFL Corporation $150M on 2025-01-15). A second pattern is temporal concentration: there is heavy clustering in 2025, with many rounds falling between April 2025 and August 2025 (e.g., REE Automotive $27M on 2025-03-18; Auro Travel $186M on 2025-02-03; Volcon $501M on 2025-07-17). Geographically, entries are widely distributed rather than city-concentrated, but the list repeatedly features major English-speaking hubs and global corridors (e.g., London $1M on 2024-09-24; Austin $501M on 2025-07-17; Madrid $186M on 2025-02-03; Oslo $125M on 2024-09-25).
Most recent rounds
50 shownRelated listings
Frequently asked
What stands out most in round size, and how does the top deal compare to the rest of the disclosed amounts?
Fnm’s $1.2B (2025-07-22) is an extreme outlier versus all other disclosed rounds shown; the next-largest disclosed examples include Volcon at $501M (2025-07-17) and Auro Travel at $186M (2025-02-03). Most other disclosed checks fall well below those levels (for instance, SynXGlobal at $22M on 2024-09-18 and Niche Mobility at $2M on 2025-05-06).
Are there noticeable timing clusters among the most recent rounds?
Yes. Many entries land in a late-2024 to mid-2025 window, with frequent 2025 dates from February through August (e.g., SFL Corporation $150M on 2025-01-15; REE Automotive $27M on 2025-03-18; Pyxis Tankers $45M on 2025-05-07; Volcon $501M on 2025-07-17). Several of the highest disclosed deals also sit within summer 2025 (Tekton $20K is far smaller, but Volcon and Dreamliner Luxury Coaches at 2025-08-22 appear right alongside).
Do any cities appear repeatedly, or is the geography broadly dispersed?
Geography is broadly dispersed rather than dominated by one metro area: notable examples are Austin (Volcon $501M on 2025-07-17), London (KleanDrive $1M on 2024-09-24), Madrid (Auro Travel $186M on 2025-02-03), Oslo (MPC Container Ships $125M on 2024-09-25), and Addis Ababa (Wetruck AI is undisclosed on 2025-06-09). No single city clearly repeats with multiple disclosed rounds in the 50-row slice.
How often are amounts undisclosed, and does that create skew in interpreting “largest” deals?
A meaningful share of the rows show undisclosed amounts (e.g., Dreamliner Luxury Coaches on 2025-08-22; Wetruck AI on 2025-06-09; Airo Travel is disclosed at $186M on 2025-02-03). Because comparisons rely only on disclosed figures, the identified top disclosed round ($1.2B by Fnm on 2025-07-22) may understate the true ceiling if additional undisclosed rounds are larger.
What does the stage/round naming tell you across this transportation slice?
Every row shown uses the “Series Unknown” label, so stage identification is not granular here; the differentiator becomes disclosed amount and date. For example, within the same “Series Unknown” classification, disclosures range from small checks like BeTRITON’s $90K (2024-08-07) to large rounds like Fnm’s $1.2B (2025-07-22).
Which entries look like they merit closer review because they’re unusually small or otherwise far from the middle?
On the low end, Tekton at $20K (2025-08-05) is an outlier compared with other disclosed checks that sit in the thousands to hundreds of millions (e.g., Lakeside Holding at $930K on 2025-03-05 and Pyxis Tankers at $45M on 2025-05-07). On the high end, Fnm’s $1.2B (2025-07-22) and Volcon’s $501M (2025-07-17) are the two clearest magnitude breaks within the disclosed distribution.
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