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Back to The Report
Automotive

Proterra

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

$200M
Total Raised
Series Unknown
Latest Round
2004
Founded
800+
Employees
1815 Rollins Road, Burlingame, CA 94010
Updated January 26, 2024
1 min read

Quick Facts

Valuation
$1.6B
Latest Round Size
$200M
Latest Round Date
January 2024

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

Key Investors

ArcLight Capital Partners
Lead Investor
Verified investor in Series Unknown
Chamath Palihapitiya
Investor
Verified investor in Series Unknown

Topics

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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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