better place
-
A New Place For Better Place, As Bankrupt $800M+ Backed Electric Car Startup Sold For $12M
Looks like we have a final chapter for Better Place, the electric car tech startup that raised $786 million plus $50 million in debt, only to then file for bankruptcy in May: it has now been acquired by a group called Sunrise, headed by green-technology entrepreneur Yosef Abramowitz and the Association for the Promotion of the Electric Car in Israel. Read More
-
Electric Car Tech Company Better Place Hits The Deadpool, As The Greentech Shakeout Continues
Better Place, the Tel Aviv- and based electric car battery technology company that’s raised more than $800 million in venture capital funding since its 2007 inception, confirmed today that it has filed a court motion to dissolve and liquidate the company after attempts to raise more funds fizzled. The impending bankruptcy was first reported by Fortune’s Dan Primack last… Read More
-
Better Place Board Quietly Removes CEO Shai Agassi, Places Evan Thornley At Helm
The board of switchable battery makers Better Place have quietly removed CEO Shai Agassi and replaced him with Better Place Australia CEO Evan Thornley. According to Globes.Co.Il, the company lost $490 million since its founding in 2007. They raised multiple rounds including a $350 million round in 2010. Read More
-
Cleantech Investment On The Rise Again In The US – $1.5 Billion In Q2 2010
According to an Ernst & Young analysis based on data from Dow Jones VentureSource, venture capital investment in US-based cleantech companies hit $1.5 billion for the second quarter, in 68 financing rounds. That translates to an increase of 63.8 percent in capital and a 4.6 percent increase in deals compared to the same period last year. The $1.5 billion mark also means the highest level… Read More
-
Better Place Raises $350 Million To Make This World A Better Place
I’ve been quite fascinated by electric car firm Better Place since I read up on how the company was founded by former SAP executive Shai Agassi in the excellent book ‘Start-up Nation’, which tells of Israel’s historical entrepreneurial DNA and tech success stories. Basically, Better Place aims to reduce global dependency on petroleum through the creation of a… Read More
-
America helps Japan in the distribution of electric car stations
Palo Alto-based Better Place, a company that builds electric-vehicle networks and is led by famous entrepreneur Shai Agassi, announced it will help the Japanese government in a pilot project to encourage the use of green cars in the country. Better Place will build battery exchange stations in Nippon so that drivers of electric vehicles can change drained batteries to charged ones quickly… Read More
Message Us