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Telo raises $20 million to build tiny electric trucks for cities
The round was co-led by designer Yves Béhar and Tesla co-founder Marc Tarpenning, who helped get Telo off the ground in 2022.
“Our hyper-focus is on trucks for the downtowns of cities,” co-founder and CEO Jason Marks told TechCrunch on a video call while bouncing around Telo’s 10,000-square-foot San Carlos facility — which shares a backyard with the original Tesla headquarters. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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