Better Place Garners $350,000,000 Series B Financing

  • Feed Type
  • Date
    1/25/2010
  • Company Name
    Better Place
  • Mailing Address
    1070 Arastradero Road Palo Alto, CA 94304
  • Company Description
    Better Place is the world’s leading electric vehicle (EV) services provider, catalyzing the transition to sustainable transportation.
  • Website
    http://www.betterplace.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $350,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    We expect that HSBC will help us to scale in Europe, China and beyond, and we’re already seeing the value that they are bringing to the company and the Board.
  • M&A Terms
  • Venture Investor
    HSBC North America
  • Venture Investor
    Morgan Stanley Venture Partners
  • Venture Investor
    Lazard Technology Partners
  • Venture Investor
    VantagePoint Venture Partners
  • Venture Investor
    Undisclosed