Better Place Garners $350,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ababd89-f731-4495-a7fd-7f4307157320&Preview=1 -
Date
1/25/2010 -
Company Name
Better Place -
Mailing Address
1070 Arastradero Road Palo Alto, CA 94304 -
Company Description
Better Place is the world’s leading electric vehicle (EV) services provider, catalyzing the transition to sustainable transportation. -
Website
http://www.betterplace.com -
Transaction Type
Venture Equity -
Transaction Amount
$350,000,000 -
Transaction Round
Series B -
Proceeds Purposes
We expect that HSBC will help us to scale in Europe, China and beyond, and we’re already seeing the value that they are bringing to the company and the Board. -
M&A Terms
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Venture Investor
HSBC North America -
Venture Investor
Morgan Stanley Venture Partners -
Venture Investor
Lazard Technology Partners -
Venture Investor
VantagePoint Venture Partners -
Venture Investor
Undisclosed
