
Better Place
Stage
Acquired | AcquiredTotal Raised
$675.26MValuation
$0000About Better Place
Better Place is building a a network for charging electric cars powered by renewable energy. Better Place aims to enable markets to switch to a sustainable transportation model, reducing oil dependency and greenhouse gas emissions while fueling the green economy. With initial venture funding of $200 million, Better Place began deployment in Israel in 2008 and according to the company plans similar network deployments in Denmark, Australia, California, Hawaii, and Ontario, Canada. With the network in place, Better Place buys batteries and clean electricity and sells miles/kilometers with the goal of providing drivers a convenient, affordable, and sustainable alternative for mobility.In May 2013, Better Place filed for bankruptcy. The company was later acquired by an investment group called Sunrise for $12 million.
Better Place Headquarter Location
1070 Arastradero Road
Palo Alto, California, 94304,
United States
650-845-2800
Research containing Better Place
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Better Place in 1 CB Insights research brief, most recently on Apr 19, 2022.
Expert Collections containing Better Place
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Better Place is included in 1 Expert Collection, including Auto & Mobility Tech.
Auto & Mobility Tech
1,075 items
Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.
Better Place Patents
Better Place has filed 12 patents.
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
8/12/2011 | 8/27/2013 | Electric vehicle battery manufacturers, Forklift truck manufacturers, Battery electric vehicle manufacturers, Battery electric cars, Automotive technologies | Grant |
Application Date | 8/12/2011 |
---|---|
Grant Date | 8/27/2013 |
Title | |
Related Topics | Electric vehicle battery manufacturers, Forklift truck manufacturers, Battery electric vehicle manufacturers, Battery electric cars, Automotive technologies |
Status | Grant |
Latest Better Place News
May 20, 2022
Fabless integrated circuit (IC) semiconductor company Silicon Labs (NASDAQ: SLAB) stock is attempting to rebound after losing more than (-30%) on the year with the benchmark Nasdaq index.
Where is Better Place's headquarters?
Better Place's headquarters is located at 1070 Arastradero Road, Palo Alto.
What is Better Place's latest funding round?
Better Place's latest funding round is Acquired.
How much did Better Place raise?
Better Place raised a total of $675.26M.
Who are the investors of Better Place?
Investors of Better Place include Gnrgy, HSBC, Kodiak Venture Partners, European Investment Bank, VantagePoint Capital Partners and 14 more.
Who are Better Place's competitors?
Competitors of Better Place include Fulcrum BioEnergy, Chargepoint, Renew Financial, OpenHydro, Propel Fuels and 10 more.
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