Friday, May 25, 2018

Report: Proterra Raises $100M For Electric Bus Efforts

Proterra, the electric bus manufacturer which has its West Coast manufacturing operations in the City of Industry, has reportedly raised $100M in new funding, based on regulatory filings by the company. Names of the investors in the new round were not announced, however, Proterra previously has raised funding from Tao Capital Partners, Kleiner Perkins, GM Ventures, Constellation Technology Ventures, 88 Green Ventures, and Edison Energy. Proterra's all-electric buses are used by a wide range of transit agencies. Proterra's headquarters are in the Bay Area, in Burlingame.

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