New RoundWorkhorse Group
Workhorse Group Secures $10 Million Deal For Modular Data Center Manufacturing Unit
Workhorse Group , the electric commercial vehicle maker, secured a $10 million deal with London-based Rhaelm Holdings to build a full-scale TerraPod modular data center manufacturing unit at its Union City, Indiana, p…
By TradedVC Editorial1 min read
Workhorse Group, the electric commercial vehicle maker, secured a $10 million deal with London-based Rhaelm Holdings to build a full-scale TerraPod modular data center manufacturing unit at its Union City, Indiana, plant. The agreement, signed Oct. 28, includes a non-binding letter of intent for an initial order of 150 systems, marking Workhorse’s expansion into AI infrastructure.
FOUNDER: Steve Burns
INVESTOR: Rhaelm Holdings
AMOUNT: $10,000,000
HQ: Wixom, Michigan
#VentureCapital #WorkhorseGroup #SteveBurns #TradedVC
ABOUT THE DEAL
- Raise
- $10M
- Round
- Not stated
- Company
- Workhorse Group
- Desk
- Deals
- Filed
- Oct 30, 2026
- Founders
- Steve Burns
- Investors
- Rhaelm Holdings
