Tag: proterra
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Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million
Proterra, the battery powered system technology programmer for heavy-duty electric cars, said it has raised $200 million in a new form of funding. The new cash comes in Cowen Sustainable Investment Advisors, which led the round, Together with money from Soros Fund Management, Generation Investment Management and Broadscale Group. Cowen took the majority of the…
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Proterra, the Tesla of electric buses, closes in on $1 billion valuation
Proterra has authorized shares to raise $75 million, with a fresh form of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized the selling of 10,857,762 stocks at a price of $6.91 in a Series 8 around, according to a securities filing that has been acquired…