Coda Automotive Lands $71,000,000 Series D Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b6e93b8-8a6f-4585-ba59-7a9c4349cabe&Preview=1
Date
9/20/2011
Company Name
Coda Automotive
Mailing Address
1601 Wilshire Blvd Santa Monica, CA 90403
Company Description
CODA Automotive is a privately held company headquartered in Santa Monica, California that designs, manufactures and sells electric vehicles and lithium-ion battery systems purpose-built for transportation and utility applications.
Website
http://www.codaautomotive.com
Transaction Type
Venture Equity
Transaction Amount
$71,000,000
Transaction Round
Series D
Proceeds Purposes
Series D proceeds will be used for the development of its breakthrough solutions in energy storage and in the development of its proprietary EV propulsion systems.
M&A Terms
Venture Investor
Undisclosed