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Slate Auto

Designs and builds electric pickup trucks for consumer and commercial buyers, backed by Bezos investors and funded with $650M from TWG Global.

Deep Tech
Electric vehicles
Total Raised
$811M
Last Valuation
$4.3B
Headquarters
San Francisco, CA

Overview

Slate Auto develops electric pickup trucks targeting both consumer and commercial buyers in the growing EV truck market. The company focuses on bringing battery-electric pickup models to market and competes in the vehicle manufacturing and EV adoption landscape. In an undisclosed round announced April 14, 2026 Slate Auto secured $650M from TWG Global; this is the company's only disclosed financing, bringing total known funding to $650M. The round follows public reports of backing from Jeff Bezos and represents major external capital support for the company's product and commercialization plans.

Funding History

3 rounds · Apr 2022 – Apr 2026
$811M
Total Raised
3
Valuation: $4.3B
Cumulative: $811M

Bezos-backed Slate Auto secures $650M from TWG Global for electric pickup trucks

TWG Global (Lead)
Source
2
Valuation: $555M
Cumulative: $161M

While still operating under the Re:Car name, the company disclosed a $111 million equity financing in SEC filings before later emerging publicly as Slate Auto.

Investors not disclosed
1
Valuation: $250M
Cumulative: $50M

Seed financing for Slate Auto, then operating as a stealth electric-vehicle startup prior to its April 2023 Series A.

Investors not disclosed

Frequently Asked Questions

How much has Slate Auto raised in total?
Slate Auto has raised a total of $811M across 3 funding rounds.
Who are Slate Auto's investors?
Slate Auto's investors include Undisclosed, TWG Global.
What does Slate Auto do?
Slate Auto develops electric pickup trucks targeting both consumer and commercial buyers in the growing EV truck market. The company focuses on bringing battery-electric pickup models to market and competes in the vehicle manufacturing and EV adoption landscape. In an undisclosed round announced April 14, 2026 Slate Auto secured $650M from TWG Global; this is the company's only disclosed financing, bringing total known funding to $650M. The round follows public reports of backing from Jeff Bezos and represents major external capital support for the company's product and commercialization plans.
Where is Slate Auto headquartered?
Slate Auto is headquartered in San Francisco, CA.