US-based hybrid electric sports car manufacturer Fisker Automotive has secured $58m of a planned $150m funding round .
Fisker is yet to disclose the investors in the latest round but past investors include advanced battery company A123 Systems, which participated in a $202m May 2010 round followed by $190m round in March, and which also acts as a supplier for Fisker.
The funding takes the overall financing raised by Fisker to more than $650m since the company was formed in 2007. In addition, Fisker also secured a $528.7m loan from the US Department of Energy in order to develop and manufacture a plug-in hybrid car expected to go on sale next year.
Apart from A123, notable investors include alternative energy company Quantum Fuel Technologies, venture capital firm Kleiner Perkins Caufield & Byers, investment firm Palo Alto Investors, real estate company Ace Investments and the Qatari government-backed Qatar Investment Authority.