Announced
Completed
Financials
Sources
Tags
Automobiles
United States
vehicle electrification
Single Bidder
Minority
Acquisition
Completed
Domestic
Venture Capital
Private
Friendly
Private Equity
Synopsis
Cowen, an asset management firm, led a $200m Series H funding round in Proterra, an innovator in heavy-duty electric transportation. The round saw also investment from Soros, Generation Investment Management, and Broadscale Group. As demand grows for battery-electric vehicles and 100% zero-emission fleets, we are excited to collaborate with CSI as well as our other investors to accelerate the transition to clean, quiet transportation for all and deliver even more Proterra Powered vehicles around the world," Jack Allen, Proterra CEO and Chairman.
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