Proterra develops battery-electric buses that help eliminate fossil fuel dependency and reduce costs.
Proterra designs and manufactures zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable Catalyst platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles.Proterra's revolutionary battery-electric transit vehicles help fleet operators abandon fossil fuels, improve environmental quality, and reduce operating costs. Together with their customers, they have prevented more than 55 million pounds of greenhouse gases from escaping into the atmosphere and avoided burning some 2 million gallons of fuel.The company was established in 2004 and is based in Burlingame, California, USA.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 1, 2019 | Series H | $86.90M | 1 | — | — | Detail |
Sep 19, 2018 | Series G | $155M | 1 | Mercedes-Benz Group AG | — | Detail |
Jan 3, 2017 | Series E | — | 1 | — | — | Detail |
Jun 30, 2015 | Series D | $55M | 1 | — | — | Detail |
Jun 30, 2015 | Debt Financing | $25M | 1 | Hercules Capital | — | Detail |
Date
Company Name
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Round | Money Raised | Industry | Lead Investor |
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Sep 16, 2021
Volta Trucks
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Series B | €37M | Automotive | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Mercedes-Benz Group AG | — | Series H |
88 Green Ventures | — | Series E |
Hercules Capital | — | Series D |
Hennessey Capital | — | Series C |
Toyota Ventures | — | Series A |