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Proterra
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Short description

Developer of zero-emission, battery-electric buses

Founded in 2004
Founded in

Company type Public Public (PTRA)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Burlingame, CA Burlingame, United States
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Parent Companies Proterra

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Updated by Brittany Caplin at Pr on 02/05/2019

Edited by Cleantech Group on 07/01/2024

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  • 1 M&A items
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Date Company
03/23/2022

The Shyft Group The Shyft Group

Proterra will provide batteries (H-Series) to power The Shyft Group's Blue Arc electric delivery van.

Confirmed by The Shyft Group
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Date Partner Type
02/01/2022
Scale Microgrid Solutions Scale Microgrid Solutions
Valley Transportation Authority in Santa Clara county is installing an innovative clean energy microgrid and EV fleet charging system in cooperation with Proterra and Scale Microgrid Solutions to charge its electric buses.
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Confirmed by Scale Microgrid Solutions
Project Development
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Investment Rounds
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IPO INFORMATION

Date

06/15/2021

IPO status

Listed

IPO Type

SPAC

Amount

$640M

Initial shares

Ticker symbol

PTRA

Exchange listed

Nasdaq

Prospectus URL

Prospectus

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Source

Description

Proterra has completed a business combination with ArcLight Clean Transition Corp. to go public.

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Date Investors Type Amount
10/16/2020 Cowen Sustainable Advisors Cowen Sustainable Advisors , Soros Fund Management Soros Fund Management , Generation Investment Management Generation Investment Management , Broadscale Group Broadscale Group (4)
Post-money valuation of
This funding will be used for battery and electric drivetrain R&D, business development activities, develop supplemental charging and energy management services within the Proterra Energy business and other general corporate purposes.
 Growth Equity $200,000,000
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Products
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Proterra Catalyst

Designed from the start as an exclusively electric vehicle, the Catalyst delivers exceptional route flexibility and proven operational performance, with the greatest range of any zero-emission, battery-electric bus in its class and made with an carbon-fiber-reinforced body and the market’s highest-efficiency electric drivetrain.

Wide Commercial Availability Products - Retail
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