Press

    ADDAX Overland Raises $2.5M from Philo Ventures

    Utah Business · Jul 1, 2024
    Family camp set up around an ADDAX trailer in the Utah backcountry

    What Utah Business covered

    Utah Business covered the $2.5 million Philo Ventures round, which lands differently in a state where the test track is basically out the back door.

    Being a Utah company isn't a marketing line for us. Red rock, snow, sand, and washboard are all inside a day's drive, which means a prototype can leave the shop on Friday and come back Monday with honest answers. Local press picking up the raise matters because this is the community that puts our gear through the worst of it and tells us, loudly, when something doesn't hold.

    The money goes toward the same thing it always does here: more capable rigs, more inventory, more people building them. Growth measured in trailers on trails, not slides in a deck.

    If you're local, come find us at an event and kick the tires yourself. If you're not, the Basecamp ships anyway — go see what it takes to build one.

    Get the full spec sheet on the ADDAX Basecamp or rig your own in the trailer configurator.