Fundraising Fox

Zeus Electric Chassis

White Bear Lake, US · Founded 2018 · Delaware corporation

Advanced Manufacturing

Founders & leadership

WK
Wayne KugelChief Executive Officer and Director
PS
Phillip SteffesGeneral Counsel, Secretary and Director
LP
Lee PrinkkilaChief Financial Officer and Treasurer
RG
Robert GrinsteadChief Technical Officer and Director

Board

KS
Ken SmithChairman

Reported raises · per SEC filings

Form D private placements

$7M disclosed across 2 of 3 rounds · 2021–2022

▶$6.3MraisedJul 2022 · 1 investors · Manufacturing
Rule 506(c)
Officers, directors & promoters on the filing
  • Steve SnyderDirector
  • Philip SteffesExecutive Officer
  • Mark OldfieldDirector
  • Robert GrinsteadExecutive Officer, Director
  • Bill BrandtExecutive Officer
  • Markus RauchhausDirector
  • Rick PennDirector
Offering amount
$12.5M
Amount sold
$6.3M
Minimum investment
$500K
Sales commissions
$625K
Placement agents
Carolina Financial Securities, LLC
First sale
Jul 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$50MofferedJun 2021 · Manufacturing
Rule 506(c)
Officers, directors & promoters on the filing
  • Robert GrinsteadExecutive Officer, Director
  • Philip SteffesExecutive Officer, Director
  • Ken SmithDirector
  • Wayne KugelExecutive Officer, Director
  • Lee PrinkkilaExecutive Officer
Offering amount
$50M
Sales commissions
$730K
Placement agents
Silicon Prairie Capital Partners, LLC
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$751.5KraisedApr 2021 · 62 investors · Manufacturing
Officers, directors & promoters on the filing
  • Wayne KugelExecutive Officer, Director
  • Phillip SteffesExecutive Officer, Director
  • Lee PrinkkilaExecutive Officer
  • Robert GrinsteadExecutive Officer, Director
  • Ken SmithDirector
Offering amount
$800K
Amount sold
$751.5K
Minimum investment
$1K
Sales commissions
$33K
Proceeds to insiders
$65K
Placement agents
Silicon Prairie Capital Partners, LLC
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
04
Full filing on SEC EDGAR ↗

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

In the news

Zeus Electric Chassis | Kinetic Marketing & Creativekineticmc.com · Aug 2022Zeus Electric Chassis closes on $6 million of planned $12.5 million Series A round - Minneapolis / St. Paul Business Journalbizjournals.com · Aug 2022How Zeus helps body builders, fleets go electric without fear - Power Progresspowerprogress.com · Mar 2022Electric truck manufacturer Zeus Electric Chassis closes on seed round - Minneapolis / St. Paul Business Journalbizjournals.com · Apr 2021

Frequently asked questions

How much funding has Zeus Electric Chassis raised?
Zeus Electric Chassis has disclosed $7M raised across 2 of its 3 known rounds.
Where is Zeus Electric Chassis headquartered?
Zeus Electric Chassis is headquartered in White Bear Lake, US.