Green Carmaker Gets Funded

Venture Vehicles Inc., a Los Angeles-based maker of “green-friendly” automobiles, has raised $6 million in Series A funding, according to a regulatory filing. Backers include NGEN Partners and DVC Technologies NV.


The company's website says that it is developing: “A revolutionary, two-passenger, three-wheeled, tilting (articulating) vehicle, powered by a highly fuel efficient hybrid propulsion system that will deliver over 100 mpg, at over 100 mph, and blistering 0 to 60 acceleration.”