Proterra Inc. said it raised $23 million of Series B financing in a round led by Hennessey Capital and joined by existing investors Kleiner Perkins Caufield & Byers, GM Ventures, Mitsui & Co. Global Investment, Inc., 88 Green Ventures and Vision Ridge Partners. Rajiv Ghatalia, founder of Hennessey Capital, will join the board of the electric bus maker as an advisor.
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Proterra, a Broomfield, Colo-based company that produces electric buses, has landed $15 million in working and growth capital financing from Silicon Valley Bank. The financing comes just five months after Proterra announced a $30 million round from Kleiner Perkins Caufield & Byers, GM Ventures, Mitsui & Co., and others. PRESS RELEASE: Proterra, the leading maker [...]
Proterra Inc. said on Monday it raised $30 million to accelerate the commercialization of its fast-charge electric transit buses and battery charging system. The investment is led by Kleiner Perkins Caufield & Byers and joined by GM Ventures, Mitsui & Co., Ltd., Vision Ridge Partners and 88 Green Ventures, LLC. PRESS RELEASE Proterra Paves Way [...]