Proterra raises $55 mln

Proterra said Tuesday that it raised $55 million in strategic financing. This included a $30 million Series 4 equity round and $25 million in debt financing from Hercules Technology Growth Capital Inc. Based in Greenville, South Carolina, Proterra is a maker of electric buses. Prior investors include Kleiner Perkins and GM Ventures.


Electric bus maker Proterra nabs over $30 mln

Proterra has received more than $30 million in funding. Kleiner Perkins and GM Ventures led the round with participation from Tao Invest, Vision Ridge Partners and Hennessey Capital. The company expects an additional capital infusion of $10 million within the coming weeks. In addition to the funding, Michael Smith, vice president of Constellation and head of Constellation Technology Ventures, has been appointed to Proterra’s board. Based in Greenville, South Carolina, Proterra is a maker of electric buses.

Proterra Raises $23M From Hennessey, Kleiner, GM, Others

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.

Proterra Lands a Fresh $15M from Silicon Valley Banking

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 Raises $30M From Kleiner, GM And Others

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 […]

Proterra Raises $20 Million

Proterra Inc., a Golden, Colo.-based maker of clean commercial transit solutions like zero-emission city buses, has raised $20 million from MK Energy and Infrastructure.

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