Fundraising FoxNxu
Mesa, US · Founded 2016 · Delaware corporation
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Founders & leadership
Nxu was founded in 2016 by Mark Hanchett.
MH
Mark HanchettFounderFounder and CEO of O since March 2026, with a background in strategy implementation, institutional investments, and financial performance. He previously spent nearly a decade as founder and CEO of Nxu, Inc.
AP
Annie PrattExecutive
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Sarah WyantExecutiveSarah Wyant is a finance executive with nearly two decades of experience spanning accounting, corporate finance, capital strategy, and M&A. She served as CFO of Nxu, Inc., led financial planning and analysis at Carvana during its IPO, and spent ten years in public accounting audit leadership.
Board
JB
Jessica BillingsleyBoard director
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Britt IdeBoard director
Reported raises · per SEC filings
Form D private placements$7.2M disclosed across 11 of 13 rounds · 2019–2024
▶$3MraisedJan 2025 · 4 investors · Other EnergyRule 506(b)
▶$3MraisedJan 2025 · 4 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Jessica BillingsleyDirector
- Annie PrattExecutive Officer, Director
- Britt IdeDirector
- Mark HanchettExecutive Officer, Director
- Sarah WyantExecutive Officer
- Offering amount
- $3M
- Amount sold
- $3M
- Sales commissions
- $210K
- Placement agents
- Maxim Group LLC
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶Undisclosed amountofferedNov 2022 · 2 investors · ManufacturingRule 506(b)
▶Undisclosed amountofferedNov 2022 · 2 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Mark HanchettExecutive Officer
- APOORV DWIVEDIExecutive Officer
- ANNIE PRATTExecutive Officer
- Minimum investment
- $5M
- Finders' fees
- $1.5M
- Placement agents
- Maxim Group LLC
- First sale
- Nov 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.1MraisedSep 2022 · 12 investors · ManufacturingRule 506(b)
▶$1.1MraisedSep 2022 · 12 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- ANNIE PRATTExecutive Officer
- Mark HanchettExecutive Officer
- APOORV DWIVEDIExecutive Officer
- Offering amount
- $50M
- Amount sold
- $1.1M
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$709.1KraisedAug 2022 · 8 investors · ManufacturingRule 506(b)
▶$709.1KraisedAug 2022 · 8 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Mark HanchettExecutive Officer
- APOORV DWIVEDIExecutive Officer
- ANNIE PRATTExecutive Officer
- Offering amount
- $50M
- Amount sold
- $709.1K
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$481.2KraisedAug 2022 · 5 investors · ManufacturingRule 506(b)
▶$481.2KraisedAug 2022 · 5 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- ANNIE PRATTExecutive Officer
- APOORV DWIVEDIExecutive Officer
- Mark HanchettExecutive Officer
- Offering amount
- $50M
- Amount sold
- $481.2K
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$459.8KraisedAug 2022 · 4 investors · ManufacturingRule 506(b)
▶$459.8KraisedAug 2022 · 4 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Mark HanchettExecutive Officer
- ANNIE PRATTExecutive Officer
- APOORV DWIVEDIExecutive Officer
- Offering amount
- $50M
- Amount sold
- $459.8K
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$536.2KraisedAug 2022 · 5 investors · ManufacturingRule 506(b)
▶$536.2KraisedAug 2022 · 5 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- ANNIE PRATTExecutive Officer
- Mark HanchettExecutive Officer
- APOORV DWIVEDIExecutive Officer
- Offering amount
- $50M
- Amount sold
- $536.2K
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$332.4KraisedAug 2022 · 3 investors · ManufacturingRule 506(b)
▶$332.4KraisedAug 2022 · 3 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- APOORV DWIVEDIExecutive Officer
- ANNIE PRATTExecutive Officer
- Mark HanchettExecutive Officer
- Offering amount
- $50M
- Amount sold
- $332.4K
- Minimum investment
- $127.4K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- Who founded Nxu?
- Nxu was founded by Mark Hanchett in 2016.
- How much funding has Nxu raised?
- Nxu has disclosed $7.2M raised across 11 of its 13 known rounds.
- Where is Nxu headquartered?
- Nxu is headquartered in Mesa, US.