Canoo (Bankruptcy Asset Purchase)

Funding Details
Awarder
Inbox
Date Award
May 18, 2025
Vertical
Electric Vehicles
Funding URL
View Funding Page

Company Info
Traction
Canoo had around $145 million in assets and $175 million in liabilities as of February 24, 2025.
Organizations Involved
NASA, United States Postal Service, Department of Defense
Founders
Anthony Aquila
Company Description
Canoo is an electric vehicle startup that went public in 2020 but failed to sell more than a handful of its electric vans before filing for bankruptcy. The CEO, Anthony Aquila, is buying nearly all of the company's assets out of bankruptcy for $4 million.
Market
Transportation
Location
Delaware, USA

Links
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