Better Place
formerly BetterplaceClosedA Learning Platform of the future
Palo Alto, United States · Founded 2007 · $550.0M raised
- Headquarters
- Palo Alto, California
- Employees
- 201–500
- Founded
- 2007
- Business Model
- B2C
- Total Funding
- $550.0M
- Last Round
- $200.0M Venture RoundNov 2011
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 in Nov 2011. Investors include HSBC.
Tech & App Stack
13 technologies & apps tracked
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Funding History
Nov 2011
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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.
Investors
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