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
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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources