Aptera Motors Inc. announced today that the company has raised more than $24 million at the close of its Series C round of venture funding. The Aptera Typ-1 will be the most efficient passenger vehicle in the world. The first production models are planned to be available in December 2008 with the production rate increasing […]
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ActaCell, Inc. announced today that it secured $5.8 million in Series A financing. ActaCell is an Austin-based technology start-up commercializing lithium-ion battery technology. This new technology is focused on delivering substantially longer cycle life at low cost while maintaining safety as the number one priority. “We were highly impressed with ActaCell’s pedigree,” said Ned Hill, […]
Miles Electric Vehicles announced today a $15,000,000 investment round. Funds will be used to advance the development of the all electric MILES XS500 highway speed sedan, which is powered by an advanced technology lithium-ion powertrain, and to expand its leadership in the low speed electric vehicle market. To date the company has built a prestigious […]
Tesla Motors, a manufacturer of high-performance production electric cars, recently completed $40 million in bridge financing. The financing will be used for the continued development of a 4 door, five passenger sports sedan planned for introduction in 2010, the establishment of company-owned sales and service infrastructure, and the continued production of the Tesla Roadster, a […]
Fisker Automotive, Inc., a green American premium sports car company, today announced that the company has received a second round of venture capital funding. Fisker Automotive will offer a range of environmentally friendly premium cars — with the first production car making its Worldwide North American debut at the 2008 North American International Auto Show. […]
Atraverda, a battery maker using bi-polar products, today announced it has closed its Series B financing round with a total of GBP10.4m (US $21.4m). Atraverda’s technology base is founded on the properties of its versatile proprietary Ebonex(R) technology, a titanium sub-oxide material which has a unique combination of metallic-like electrical conductivity along with the characteristic […]
A123 Raises $30 Million to Expand Battery Production Capacity The money will be used to scale up production capacity to meet growing demand for A123’s products, including fulfilling a big contract announced in August to co-develop the battery cell for General Motors’ Chevrolet Volt line of electric cars and other vehicles. The company will also […]
Tesla Motors, a manufacturer of high-performance production electric cars, completed a $45 million Series D investment round today
Atraverda secures $12m funding PIONEERING battery technology company Atraverda has secured $12m from investors on both sides of the Atlantic to push forward environmentally-friendly energy storage. Applications for the technology include the emerging hybrid electric vehicles sector, and numerous uses are expected to be found by the military and the telecoms industry.
A123 Systems Inc. , a Watertown maker of a new kind of lightweight, high-capacity battery, has collected $40 million in a round of venture capital funding A123 recently closed deals to supply batteries to General Motors Corp. for a new hybrid-engine Saturn and to GE for hybrid-engine buses.
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