Tech Company Financing Transactions
The Vehicle Production Group Funding Round
Perseus and private investors joined a $160 million funding round for The Vehicle Production Group. This venture round was recorded on 8/8/2008.
Transaction Overview
Company Name
Announced On
8/8/2008
Transaction Type
Venture Equity
Amount
$160,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the financing will be used for continued vehicle engineering, production tooling, vehicle testing and validation.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
105 N. Niles Ave. 630
South Bend, IN 46617
USA
South Bend, IN 46617
USA
Phone
Website
Email Address
Overview
Based in Troy, Michigan, The Vehicle Production Group LLC (VPG) is an original equipment manufacturer. Our "purpose-built" multi-use vehicle has been designed and engineered from the ground up specifically for paratransit and taxicab fleets as well as the retail consumer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Fred Drasner
Chief Executive Officer
John Walsh
Chief Financial Officer
Joseph Vecchiolla
Chief Marketing Officer
Michael Carney
Chief Operating Officer
Matt DeMars
Browse more venture capital transactions:
Prev: 8/8/2008: RealTravel venture capital transaction
Next: 8/8/2008: Aldexa Therapeutics venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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