Detroit startup Grounded raises $5M to customize electric and gas-powered vans
Detroit startup Grounded raised $5 million in seed funding to customize electric and gas-powered vans, adapting to market shifts. The funding includes investments from Also Capital and others, enabling Grounded to open a 50,000-square-foot facility for scalable production. The company aims to meet diverse fleet needs, with production starting this month and ramping up in 2024.