Tech Company Financing Transactions
Proterra Funding Round
Proterra, based in Burlingame, secured $200 million in investment from Cowen Capital Partners, Broadscale and Generation Investment Management.
Transaction Overview
Company Name
Announced On
10/16/2020
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company said the new money would go to support the company's ongoing research and development efforts into battery and electric drivetrain technologies and business development to increase the company's footprint in additional commercial vehicle segments.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1815 Rollins Rd.
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Website
Email Address
Overview
Proterra was founded by Dale Hill in 2004 with a vision to design and manufacture world leading advanced technology heavy duty vehicles that are powered solely by clean domestic fuels.
Management Team
Title
Name
Email & Social
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