Acquisitions, fundings, and corporate collaborations: The biggest TechNexus portfolio news from 2025

A look back at a transformative year for TechNexus portfolio companies: major product milestones, corporate collaborations with THOR and FedEx, significant funding rounds including Harbinger's $160M Series C, and momentum that propelled businesses to new heights across electrification, AI, audio, and more.

Companies in the TechNexus Venture Collaborative portfolio experienced a transformative 2025, with major product milestones, corporate collaborations, significant funding rounds, and more momentum that saw their businesses propel to new heights. We're taking time to spotlight just some of the breakthroughs, acquisitions, capital raises and more that our portfolio companies experienced in 2025. Harbinger raises $160M, lands FedEx as a customer Harbinger's $160 million Series C raise was a huge step for the electric truck startup and the start of a fruitful relationship with FedEx. FedEx co-led the funding round and is looking to electrify its delivery fleet with Harbinger’s help, starting with an order of 53 Harbinger EVs. Caramel acquired by eBay Caramel’s software addresses a long-standing pain point for peer-to-peer automotive buyers: a convoluted shopping experience. Acquired in 2025 by eBay, Caramel is poised to transform eBay’s automotive category, granting users a more secure, simplified peer-to-peer vehicle transaction experience. Lightship launches first electric towable RV All-electric RV manufacturer Lightship released the industry's first electric towable RV, ushering in a new era of sustainable luxury outdoor travel. Built with an electric powertrain that allows the RV to propel itself while you drive, it allows for near-zero range or efficiency loss for the towing vehicle. First Due raises $355M Public safety software startup First Due received a $355 million strategic minority growth investment from JMI Equity, TCV, and Serent Capital in 2025. These funds will catalyze First Due’s platform development and accelerate the release of new AI tools, all of which will help modernize operations in first- response systems. Respeecher's technology used in four Oscar-nominated films Respeecher's AI voice technology has grown into one of Hollywood's favorite AI tools, powering voices from Darth Vader to Stan Lee. This year Respeecher’s voice cloning technology ma

By Jim Dallke at TechNexus Venture Collaborative