Amount$50M
SeriesDebt
AnnouncedAug 28, 2012
SectorBattery, Electric Vehicle (EV), Charging
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Debt round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Battery, Electric Vehicle (EV), Charging (5)
Round size in sector40th pct
$50Mthis round: $50M$350M
Better Place Debt — Better Place