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Automotive

Proterra

Proterra raises $200M Series Unknown at $1.6B valuation

1815 Rollins Road, Burlingame, CA 94010January 26, 20241 min read
Total Raised
$200M
Valuation
$1.6B
Latest Round
Series Unknown
Employees
800+

Proterra: Series Unknown Funding Round

Proterra has successfully raised $200M in Series Unknown funding, reaching a valuation of $1.6B.

Company Overview

Electric bus and battery manufacturer

Funding Details

The Series Unknown round was led by ArcLight Capital Partners, with participation from Chamath Palihapitiya.

Company Information

  • Headquarters: 1815 Rollins Road, Burlingame, CA 94010
  • Founded: 2004
  • Employees: 800+
  • Category: Automotive

Investment

Proterra plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • ArcLight Capital Partners: Verified investor in Series Unknown
  • Chamath Palihapitiya: Verified investor in Series Unknown

Company Info

Headquarters
1815 Rollins Road, Burlingame, CA 94010
Founded
2004
Team Size
800+
Last Round
$200M(Jan 2024)

Investors (2)

A
ArcLight Capital PartnersLead
Lead Investor
Verified investor in Series Unknown
C
Chamath Palihapitiya
Investor
Verified investor in Series Unknown

Topics

verified(3079)real-funding(3079)proterraautomotiveseries-unknown1815-rollins-road

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