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Karma by Fisker gets Another $85M in Venture Capital

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Karma by Fisker gets Another $85M in Venture Capital

Fisker is getting The Karma to Production level by getting two venture capital investors to step up for the next round of capital. One is Kleiner, Perkins, Caufield and Byers, who has been with Fisker Automotive since the beginning, and the other is Eco-Drive (Capital) Partners in New York.

The $85 million is the final investment that Fisker needs, Henrik Fisker said, to go into the final phase of production for the Karma. The first cars are slated to hit the streets late this year with production going into full swing in 2010.

So with the car receiving high praise publicly, with pre-orders going over a year in advance now, and a new model to come out in 2011, this final round of funding couples with the establishment of nearly 40 national retailers to put Fisker into the driver’s seat.

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