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04-Apr-2012



PHOTO CAPTION: Fisker Atlantic with designer Henrik Fisker

Fisker Investments Surpass $1 Billion

The company disclosed the $129 million investment in a filing today that didn’t identify investors.

Fisker Automotive Inc., a maker of plug-in hybrid sports cars, got financing that increases its funding to $1.025 billion.

The company disclosed the $129 million investment in a filing today that didn’t identify investors. It said in February it had received $263 million as part of the same financing round and at the time had $896 million in total private funding.

Fisker, based in Anaheim, California, is working to fix a defect in its Karma sedan as it seeks to resume work on a stalled plant in Delaware, where it is using $529 million in government loans to build a second model. The company is backed by investors including Kleiner Perkins Caufield & Byers, Palo Alto Investors LLC and the lithium-ion battery maker A123 Systems Inc. (AONE)

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