Detroit Startup Grounded Secures $5 Million to Customize Vans
Detroit-based startup Grounded has successfully raised $5 million in new funding. The company focuses on the customization of both electric and
Detroit-based startup Grounded has successfully raised $5 million in new
funding. The company focuses on the customization of both electric and
gas-powered vans. Operations are centered around its Detroit facility. Vehicle
customization is a growing sector in the transportation industry. The newly
acquired capital will support the company's ongoing operations and development.
Further details regarding the funding round or investors were not immediately
disclosed. The startup continues to operate out of its primary Detroit location.
Industry observers are watching how the startup utilizes this investment.