Fundraising Fox

Nxu

Mesa, US · Founded 2016 · Delaware corporation

Founders & leadership

Nxu was founded in 2016 by Mark Hanchett.

MH
Mark HanchettFounder
AP
Annie PrattExecutive
SW
Sarah WyantExecutive

Board

JB
Jessica BillingsleyBoard director
BI
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 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
Full filing on SEC EDGAR ↗
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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

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.