25 Nov '12, 2pm

Official: Electric-bus maker Proterra gets $23 million in latest financing round

Official: Electric-bus maker Proterra gets $23 million in latest financing round

Proterra Closes $23M Series B Investment on Accelerating Sales Growth Company closes 2012 with seven transit authority customers on board; Hennessey Capital leads round with top tier investors GREENVILLE, S.C., November 21, 2012 – Proterra Inc, the leading provider of zero-emission commercial transit solutions and maker of the world's first battery-electric fast-charge transit bus, the EcoRide™, has closed a $23 million Series B financing round amid rising demand for its transit solutions. Proterra has tripled orders under contract for the company's flagship EcoRide™ from public transit agencies in the past twelve months alone and is planning for its current growth path to continue. The round was led by new investor, Hennessey Capital, who joined additional outside investor NMT Capital as well as existing investors, Kleiner Perkins Caufield & Byers, GM Ventures, Mitsui & C...

Full article: http://green.autoblog.com/2012/11/25/electric-bus-maker-p...

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bbc.co.uk 27 Nov '12, 8am

27 November 2012 Last updated at 07:56 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print ...

Then vote for the walker family on the bus at

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