TELO Trucks, a San Carlos, CA-based electric mini truck maker, raised $20M in Series A funding. The round was led by Yves Behar, and Marc Tarpenning co-founder of Tesla and Venture Partner of Spero Ventures. Additional investment came from TO VC, E12 Ventures, Neo, Marc Benioff, Uncorrelated Ventures, Nova Threshold, MCJ, and others. With over 12,000 pre-orders since launch, TELO represents a new era of capital-efficient EV companies. This round followed TELO’s $6M strategic Seed round, led by Neo, and their previous $2M Pre-Seed, led by GoAhead Ventures.