| Founded | 2017 |
|---|---|
| Closed | 2025 |
| Country | USA |
| Sector | Mobility |
| Total raised | $900M |
| Collapse type | Slow Death |
| Founder | Ulrich Kranz |
Canoo
"EV startup that burned $900M without shipping a production car"
Years-long decline before final shutdown
Key Events Timeline
Canoo went public via SPAC in December 2020 raising over $600M, promising a novel lifestyle van on a skateboard platform.
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