Raven SR, Inc. announced that it has received $20 million in funding from Chevron U.S.A. Inc., Hyzon Motors Inc., Ascent Hydrogen Fund, ITOCHU Corporation

On August 16, 2021, Raven SR, Inc. closed the transaction. The transaction included participation from new investors, Chevron U.S.A. Inc., ITOCHU Corporation, Hyzon Motors Inc. and Ascent Hydrogen Fund.