2008 · Series A
Would you have funded Better Place?
Swap your electric car's battery instead of charging
A software executive plans a network of stations that swap electric-car batteries in minutes, with drivers buying miles like a phone plan.
- Needs carmakers to build compatible cars
- Raised $700 million by 2011
Show what happened
💥 Bust
Better Place It spent about $850 million, filed for bankruptcy in May 2013, and its remaining assets sold for $450,000.
Investors put in about $850 million.
Sources: Better Place (company) (Wikipedia)
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