Better Place

Better Place

Deadmarket timingClimate Tech

EV battery-swap network that was years too early. Filed for bankruptcy in Israel.

Climate TechPalo Alto, United StatesFounded 2007betterplace.com
$850.0M
Total Raised
2
Funding Rounds
3
Known Investors
expired
Domain Status

What went wrong

market timing
Date of death
May 26, 2013
Lifespan
6 years
Capital burned
$850.0M

EV battery-swap network that was years too early. Filed for bankruptcy in Israel.

Funding Timeline

Series C
$200.0MNov 2011
Sarah Tavel at Benchmark
Series BLead
$350.0MJan 2010
Gustaf Alströmer at Y Combinator

Investors

Gustaf Alströmer

Y Combinator

$116.7M
Sarah Tavel

Benchmark

$116.7M
Hemant Taneja

General Catalyst

$116.7M

Domain Info

Domainbetterplace.com
Statusexpired