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August 9, 2019 04:51 pm GMT

Proterra, the Tesla of electric buses, closes in on $1 billion valuation

Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized the sale of 10,857,762 shares at a price of $6.91 in a Series 8 round, according to a securities filing that was obtained by the […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UczM2y0LjHA/

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