Better Place

formerly BetterplaceClosed

A Learning Platform of the future

Palo Alto, United States · Founded 2007 · $550.0M raised

Employees
201–500
Founded
2007
Business Model
B2C
Total Funding
$550.0M
Last Round
$200.0M Venture RoundNov 2011
Rounds
4

About

Better Place was a venture-backed international company that developed and sold battery charging and battery switching services for electric vehicles. Founded in 2007 by Shai Agassi, the company built automated battery-switching stations and EV charging infrastructure, primarily deploying in Israel and Denmark in partnership with Renault. Better Place raised over $850 million in funding before filing for bankruptcy in May 2013 due to high infrastructure costs and lower-than-expected market adoption.

Summary

Better Place is a Climate Tech company based in Palo Alto, United States, founded in 2007. It has raised $550.0M in total across 4 rounds, most recently a $200.0M Venture Round round in Nov 2011. Investors include HSBC.

Tech & App Stack

13 technologies & apps tracked

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Funding History

Venture RoundFunding RoundNov 2011
$200.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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