LOVELAND — Lightning Hybrids LLC, doing business as Lightning Systems, has raised $2.5 million in an equity offering.
The company plans to raise a total of $10 million, according to a Form D filed with the U.S. Securities and Exchange Commission on June 11. The day of first sale was May 30.
Lightning Systems is a Loveland-based developer of zero-emissions solutions for commercial fleets. The company recently partnered with the city of Boulder to repower diesel buses with electric batteries.
During May and June we celebrate the fastest growing private companies in Northern Colorado and the Boulder Valley with BizWest Media’s Mercury 100 Awards.
Companies that may be looking for a spot on this coveted list may benefit from asking themselves a few questions while striving for or managing substantial growth within their business.